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    700 Commerce St Danville, IL 61832

    • Warehouses
    • 47,902 SF
    • 2.95 lot acres
    For Sale
    View listing
    $425,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 700 Commerce St

    Year built
    1920
    Lot size
    2.95 lot acres
    Property size
    47,902 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.6058
    Latitude
    40.1372

    Comparable in this City

    • Value Estimation by Request
      175,050 SF

      800 Gilbert St

      Distribution properties • 175,050 SF
      800 Gilbert St, Danville, IL 61832
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      1.13 Acres

      10 Southgate Dr

      Individual retail properties • 40,092 SF
      10 Southgate Dr, Tilton, IL 61832
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    • Value Estimation by Request

      710 Madison St

      INDUSTRIAL (GENERAL)
      710 Madison St, Danville, IL 61832-5950
      View Details
    • Value Estimation by Request
      0.17 Acres

      1011 Martin St

      INDUSTRIAL (GENERAL) • 0.17 Acres
      1011 Martin St, Danville, IL 61832
      View Details
    • Value Estimation by Request
      0.13 Acres

      104 Parle St

      INDUSTRIAL (GENERAL) • 0.13 Acres
      104 Parle St, Danville, IL 61832
      View Details
    • Value Estimation by Request
      0.20 Acres

      Danville, IL 61832

      INDUSTRIAL (GENERAL) • 0.20 Acres
      Danville, IL 61832
      View Details

    Similar Nearby for Sale

    • $425,000
      47,902 SF

      Danville Industrial Warehouse For Sale

      Spacious warehouse, ideal for manufacturing. Prime location, excellent access.
      700 Commerce St, Danville, IL 61832
      View Details
    • $97,000
      1.13 Acres

      Tilton Retail Park - Huge Potential

      Vacant Storefront, Warehouse, Office Space
      10 Southgate Dr, Tilton, IL 61832
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    • $425,000
      47 SF

      Two Industrial Buildings with Yard

      Two industrial buildings totaling 47,902 SF with asphalt lot.
      700 Commerce St, Danville, IL 61832
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    • $425,000

      Two Industrial Buildings For Sale

      Two industrial buildings totaling 47,902 SF, vacant and available.
      1019 Griggs St, Danville, IL 61832
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    • $1,850,000
      8,133 SF

      Danville Retail Investment Opportunity

      High-yield multi-tenant retail center
      610 Gilbert St, Danville, IL 61832
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    • $688,000
      4,990 SF

      Danville Office Building Investment

      High-Yield Office Building, 4,990 SF
      923 Vermilion St, Danville, IL 61832
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      35,000 SF

      Danville Industrial Retail Space

      Prime Danville location, 35,000 SF, 20,000 SF vacant.
      1507 Bowman Ave, Danville, IL 61832
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    • $10 SF/Yr
      14,000 SF

      Versatile Space in Danville, IL

      14,000 SF space suitable for retail, apartments, or pub.
      23 W North St, Danville, IL 61832
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    • $13 SF/Yr
      13,500 SF

      Danville Retail Building For Sale

      13,500 SF freestanding retail, high traffic.
      842 Main St, Danville, IL 61832
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    • $6 SF/Yr
      10,000 SF

      Downtown Danville Second-Floor Office Suite

      Spacious, ADA-accessible office suite in Downtown Danville with included utilities.
      27 N Vermilion St, Danville, IL 61832
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    • $8 SF/Yr
      20,000 SF

      Retail Space in Holiday Square

      20,000 SF retail space available in Danville, Illinois.
      1505 N Bowman Avenue Rd, Danville, IL 61832
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    • Contact for pricing
      13,225 SF

      Prime Danville Retail Space

      13,225 SF Freestanding Retail Building
      900 Main St, Danville, IL 61832
      View Details
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    700 Commerce St
    Danville, IL 61832
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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
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