Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Brush College Rd & Garver Church Rd Decatur, IL 62521
    Back to Search
    Property profile & analytics

    Brush College Rd & Garver Church Rd Decatur, IL 62521

    View on Map
    • Land
    • 100,000 SF
    • 40.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Brush College Rd & Garver Church Rd

    Lot size
    40.00 lot acres
    Property size
    100,000 SF
    Property type
    Land

    Description

    This exceptional 40-acre development site, located at the southeast corner of N. Brush College Road and Garver Church Road in Decatur, Illinois (Macon County, zip code 62521), presents a unique opportunity for large-scale development. The property boasts a substantial size ranging from 100,000 to 628,000 square feet, offering significant flexibility for build-to-suit projects. The site is zoned M-1, allowing for a variety of industrial and commercial uses. Its expansive acreage provides ample space for a cross-docked configuration, extensive car parking, and trailer parking to meet specific project needs. Furthermore, the property's size allows for the potential inclusion of valuable outside storage areas. The property's APN is 18-08-29-300-001. This location offers excellent access to major transportation routes, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. This is a rare opportunity to acquire a large, versatile parcel in a desirable location. Don't miss out on this chance to build your dream project.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.8981
    Latitude
    39.9002

    Comparable in this City

    • Value Estimation by Request
      18.20 Acres

      Albany Pl

      Land • 18.20 Acres
      0 Albany Pl, Decatur, IL 62521
      View Details
    • Value Estimation by Request
      58.13 Acres

      3404 Mound Rd

      Land • 58.13 Acres
      3404 Mound Rd, Decatur, IL 62521
      View Details
    • Value Estimation by Request
      6.00 Acres

      6153 Rte

      Land • 6.00 Acres
      6153 Rte, Long Creek, IL 62521
      View Details
    • Value Estimation by Request
      0.43 Acres

      801 Jasper St

      Land • 0.43 Acres
      801 Jasper St, Decatur, IL 62521
      View Details
    • Value Estimation by Request
      25.63 Acres

      3372 Mound Rd

      Farms • 25.63 Acres
      3372 Mound Rd, Decatur, IL 62521
      View Details
    • Value Estimation
      $800,000
      3.09 Acres

      1525 Fairview Ave

      MOBILE HOME PARK, TRAILER PARK • 3.09 Acres
      1525 Fairview Ave, Decatur, IL 62521-4030
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development Land Opportunity Available

      Development land for sale at $1.50 per square foot.
      6153 Rte 36, Decatur, IL 62521
      View Details
    • Contact for pricing

      Land For Sale Decatur, IL

      Land available for sale in Decatur, Illinois.
      801 S Jasper St, Decatur, IL 62521
      View Details
    • Contact for pricing

      Commercial Land Near Lake Decatur

      0.43 acre commercial land near Lake Decatur.
      801 South Jasper St, Decatur, IL 62521
      View Details
    • $99,000

      Commercial Lot on E Eldorado

      Commercial lot suitable for retail or quick-service drive-through.
      1647 E Eldorado St, Decatur, IL 62521
      View Details
    • $750,000

      Prime Corner Commercial Development Lot

      Corner lot in Decatur's retail corridor, ideal for development.
      2404 S Mount Zion Rd, Decatur, IL 62521
      View Details
    • $195,000

      Commercial Lot on E Eldorado

      Retail/Office lot for sale in Decatur, Illinois.
      1103 E Eldorado St, Decatur, IL 62521
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Decatur Land For Lease

      Land available for lease in Decatur, Illinois.
      3885 E L & A Industrial Dr, Decatur, IL 62521
      View Details
    • Contact for pricing

      Land For Rent Decatur

      Land available for rent in Decatur, Illinois.
      3808 E Mound Rd, Decatur, IL 62521
      View Details
    • Contact for pricing

      Retail or Restaurant Space Available

      Versatile 1,000 sq ft space suitable for various businesses.
      1627 E Eldorado St, Decatur, IL 62521
      View Details
    • Contact for pricing
      65,340 SF

      Decatur Commercial Space For Rent

      Commercial property available for lease in Decatur, Illinois.
      1501 E Eldorado St, Decatur, IL 62521
      View Details
    • $8 SF/Yr
      7,200 SF

      Retail Space Available For Lease

      7,200 SF retail space available for lease.
      1355-1377 E Street Rd N, Decatur, IL 62521
      View Details
    • $2,450 /Mo

      Decatur Office with Lake Views

      Office space with lake views, multiple rooms, and parking.
      500 E Lake Shore Dr, Decatur, IL 62521
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Brush College Rd & Garver Church Rd
    Decatur, IL 62521
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Brush College Rd & Garver Church Rd, Decatur, IL, 62521
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!