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    405 Kays Dr Normal, IL 61761

    Sponsored
    For Lease
    $14 SF/Yr ($4,520 /Mo)

    Upscale Office, 3875 sq ft, Ideal Location

    Lot size:
    3,875 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,875-square-foot executive office suite, located at 405 Kays Drive, presents a unique leasing opportunity. Built in 2001, the single-tenant property sits on a 0.65-acre lot and is zoned B-1 (General Commercial District), offering flexibility for a variety of professional uses. The building's previous use as a psychiatrist's office provides a well-designed layout featuring a welcoming reception/waiting area, eight spacious private offices, a convenient kitchenette/breakroom, and a tranquil outdoor green space. The property boasts excellent accessibility features, ensuring compliance with ADA standards. The building's total square footage is 3,875 square feet, providing ample space for a growing business or a practice requiring multiple private offices and collaborative areas. The property's APN is 14-22-476-006. This turnkey solution offers immediate occupancy and a professional environment, making it an attractive option for businesses seeking a prestigious and functional workspace. The property's location offers convenient access to [mention location details if available in original data, otherwise omit this sentence]. This is an exceptional opportunity to secure a high-quality office space in a desirable location. Serious inquiries are encouraged.

    Property Features for 405 Kays Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,875 SF
    Total Rate
    4520.83

    Building Details

    Year Built
    2001

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,875 SF
    Rate per SF
    $14

    HighLights

    • 3,875 square foot office building for lease.
    • Single‑tenant occupancy.
    • Executive and medical office space available.
    • Features reception/waiting area, eight private offices, and kitchenette.
    • Includes outdoor green space and is handicap accessible.
    • Located on a 0.65‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Timothy D Shannon Psychologist Iron Roofing Roofing Contractor April Guilliams Nurse Practitioner Refresh Aesthetics Medical Spa Karen Bandusch Harris Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Normal
    County
    Mclean
    State
    Illinois
    Longitude
    -88.963597075695
    Latitude
    40.519001097864

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    FAQs

    What type of property is this?
    Medical office - Upscale Office, 3875 sq ft, Ideal Location
    Where is this medical office located?
    The property is located at 405 Kays Dr Normal, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 3,875 square foot office building for lease.; Single-tenant occupancy.; Executive and medical office space available.
    Request Owner's contact information
    405 Kays Dr Normal, IL 61761
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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
    405 Kays Dr Normal, IL 61761
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