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Property profile & analytics
OFF-MARKET
Estimated value
$2,675,000
Grocery and convenience stores
1005 Purnell Dr, Mahomet, IL 61853-8533
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-1707957
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Total area
6,462 SF
APN
151324101007
UPID
US28-1707957
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
Current use
Occupant on record · Public records
-
Hunt Brothers Pizza Restaurant
-
Mid-America Market Grocery & Convenience Store
-
ATM (Mid-America Market) Atm
-
Marathon Gas Grocery & Convenience Store
-
Byte Federal Bitcoin ATM (Marathon Gas) Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.68M
Owner & transaction history
Manigar Mavo LLC · 1 yrs held
Manigar Mavo LLC
since 2025
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mahomet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mahomet submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,780,000
ML approach
$2,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.68M
Range $2.41M – $2.94M · ±10% · vs last sale $2.60M (Apr 9 2025)
Last sale anchor
$2.60M
Apr 9 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$414 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,072
Tax year 2023
Assessed value
$405,240
Assessed 2023
Previous assessed
$373,490
+8.5% YoY
Effective rate
7.91%
On assessed value
Assessed land
$134,660
Assessed improvement
$270,580
Land market value
$403,980
Improvement market value
$811,740
Total market value
$1,215,720
Applied tax rate
1,550.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Heating
NONE
Total area
6,462 SF
APN
151324101007
UPID
US28-1707957
Jurisdiction
CHAMPAIGN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Manigar Mavo LLC
Entity
Mailing address
PO BOX 3999, CHAMPAIGN, IL 61826-3999
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
$2,600,000
Manigar Mavo LLC
S & P United INC
Warranty Deed
$1,100,000 · First State Bank Of Forrest
Apr 9, 2025
—
Manigar Mavo LLC
—
Deed
related
$715,572 · S & P United INC
Jul 1, 2022
—
S & P United INC
—
Deed
related
$544,616 · First State Bank Of Forrest
Apr 30, 2020
—
S & P United INC
—
Deed
related
$1,490,152 · First Mid Bk&tr NA
Nov 4, 2019
—
S & P United INC
—
Deed
related
$1,493,929 · First Mid Bk&tr NA
Aug 5, 2019
—
S & P United INC
—
Deed
related
$1,500,788 · First Mid Bk&tr NA
May 14, 2019
—
S & P United INC
—
Deed
related
$1,512,329 · First Mid Bk&tr NA
Mar 23, 2017
—
S & P United INC
—
Deed
related
$715,000 · Fisher National Bank
May 4, 2016
—
S & P United INC
—
Deed
related
$2,000,000 · First Mid Il Bk&tr
—
—
S & P United INC
—
Loan Modification
related
$1,512,329 · First Mid Bk&tr NA
—
—
S & P United INC
—
Loan Modification
related
$1,500,788 · First Mid Bk&tr NA
—
—
S & P United INC
—
Loan Modification
related
$1,493,929 · First Mid Bk&tr NA
—
—
S & P United INC
—
Loan Modification
related
$1,490,152 · First Mid Bk&tr NA
—
—
S & P United INC
—
Deed Of Trust
related
$2,000,000 · First Mid Il Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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