Property profile

10650 Ml Rd Mount Carroll, IL 61053

OFF-MARKET
Warehouses
Property ID
US28-3951968
4,488 SF 2.29 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 10650 Mill Rd in Mount Carroll, Illinois (zip code 61053), presents a unique investment opportunity. Situated on a generous 2.29-acre lot just off the busy Route 64/52, this property boasts a 2,200 square foot commercial/industrial building featuring two 18' x 13' overhead doors, providing ample space for various uses. The building also includes approximately 2,200 square feet of office and industrial storage. Additional storage is available with 1,800 square feet of cold storage space, complemented by a separate 54' x 36' cold storage building with an 8' x 9' overhead door. The property offers extensive parking, easily accommodating semi-trucks. A significant asset is the 100' x 60' concrete slab, divided into three 25' x 28' bays by 12" concrete wall dividers. This versatile space is ideal for various commercial applications. The property's prime location and substantial features make it an attractive investment for businesses seeking a prominent presence in Mount Carroll. The property is zoned for commercial use.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Total area 4,488 SF
Lot 2.29 ac (99,752 SF)
APN 05-08-12-300-007
UPID US28-3951968

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10650 Ml Rd Mount Carroll, IL 61053-9017
Mount Carroll metro Census 960200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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