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Property profile & analytics
OFF-MARKET
Warehouses

2627 Il-121 Decatur, IL 62526

29,000 SF 5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional industrial property in Decatur, Illinois, presents a compelling investment opportunity. Located on Route 121 with convenient access to Interstate 72, this 29,000-square-foot warehouse sits on a fully fenced 5-acre lot. The property comprises six buildings, four of which are interconnected. The layout includes approximately 2,000 square feet of office space, featuring five individual offices, a kitchenette breakroom, and three restrooms. The substantial warehouse area totals 27,000 square feet, boasting ceiling clearances ranging from 11 to 16 feet. Ten loading docks (nine doors and two overhead drive-in doors) ensure efficient operations. Ample parking is provided with a 100-space lot. The property is zoned M1 and offers significant potential for a variety of industrial uses. This well-maintained facility is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Total area 29,000 SF
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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