Property profile

1112 Ct St Pekin, IL 61554

OFF-MARKET
Assisted living facilities
Property ID
US28-2840590
1,488 SF 0.38 ac lot Built 1925
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,400 square foot office space is ideally situated on the second floor at 72 East 3rd Avenue in the heart of downtown San Mateo, CA 94401. The property offers a bright and modern open layout, perfect for small to mid-sized companies seeking a vibrant and convenient location. The suite includes a fully equipped kitchen, a dedicated conference room, and two well-maintained bathrooms. Additional amenities include a comfortable lounge area (convertible to workspace) and the option to add fully furnished spaces or Framery privacy pods and booths. The building's central downtown location provides easy access to a variety of restaurants and the lively San Mateo atmosphere. This single-tenant space offers a comprehensive and seamless business experience, combining prime location with all the necessary amenities for a thriving workplace. The gross lease is $8150 per month, with an additional $1200 per month in NNN expenses. This is a fantastic opportunity to establish your business in a thriving downtown environment.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1925
Total area 1,488 SF
Lot 0.38 ac (16,553 SF)
APN 04-10-02-224-038
UPID US28-2840590

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home

Location

1112 Ct St Pekin, IL 61554-4922
Pekin metro Census 21000 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
3 recorded transactions
2024
$1,450
2010
Price N/A
2010
Price N/A

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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