805 E Perkins Rd, Urbana, IL
16,975 SF industrial building remodeled in 2022 & 2023.
- Added:
- Aug 25, 2025
- Days on Market:
- 297
- Last Refresh:
- May 20 at 8:01 pm
Property Features for 805 E Perkins Rd
General Information
- Standard status
- Active
- Size
- 16,975 SF
- Lot size
- 1.23 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 805 E Perkins Rd Contact usListing agent Zach Wetherell (217) 821-8553
Listing office Coldwell Banker Commercial Devonshire Realty (217) 821-8553
Listing date Aug 25, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Devonshire Realty
HighLights
- Remodeled interior (2022 & 2023) and freshly painted exterior (2024).
- New roof (2019) with solar panels (2020).
- Total of 16,975 SF divided into three separate suites.
- Situated on 1.22 acres of ground.
- Unit A will be vacated by the owner upon sale.
- Fenced lot accessible to Unit C.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.3k | $7.44 |
| − Vacancy | −$6.1k | −$0.36 |
| EGI | $120.2k | $7.08 |
| − OpEx | −$18.0k | −$1.06 |
| NOI | $102.2k | $6.02 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Extra Space Storage — 1710 N Cunningham Ave, Urbana, IL 61802
- Keer St.Storage — 608 Kerr Ave, Urbana, IL 61802
- Jenkins & Key Moving & Storage — 1108 Carroll Ave, Urbana, IL 61802
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Illinois
- Longitude
- -88.198
- Latitude
- 40.1272