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    4005 Logan St Decatur, IL 62526

    Sponsored
    For Sale
    $280,000

    8,085 SF Manufacturing Space

    Property size:
    8,085 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This Decatur, Illinois industrial property, located at 4005 E. Logan St., offers 8,085 square feet of manufacturing space in a Class B building constructed in 1980. The property sits on a 0.27-acre lot (APN 04-13-08-102-006) and is zoned M-1. The asking price is $280,000, translating to $34.63 per square foot. Features include one overhead door easily accommodating semi-trucks, a sizable open floor plan ideal for manufacturing or warehousing, an office, and a loft/storage area. The property benefits from its proximity to ADM and convenient access to IL Route 48 and Interstate 72. This well-maintained building presents a fantastic opportunity for businesses seeking to establish or expand their operations in a strategic industrial location. The previous owner operated a machine shop here for over two decades. This quiet, off-road location is surrounded by other industrial businesses. The property is ready for immediate occupancy.

    Property Features for 4005 Logan St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    8,085 SF
    Class
    B
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1980
    Buildings
    1

    HighLights

    • High‑bay warehouse ideal for manufacturing, assembly, or other industrial uses.
    • Strategic location near ADM and the Midwest Inland Port.
    • Easy access to I‑72 and IL Route 48.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Auto Parts Store Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.895624764119
    Latitude
    39.862167280452

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    FAQs

    What type of property is this?
    Manufacturing property - 8,085 SF Manufacturing Space
    Where is this manufacturing property located?
    The property is located at 4005 Logan St Decatur, IL.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: High-bay warehouse ideal for manufacturing, assembly, or other industrial uses.; Strategic location near ADM and the Midwest Inland Port.; Easy access to I-72 and IL Route 48.
    Request Owner's contact information
    4005 Logan St Decatur, IL 62526
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    Decatur, IL 62526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4005 Logan St Decatur, IL 62526
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