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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Commercial real estate
12102 Old Riv Rd Rockton, IL 61072-9470
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0195566
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Total area
12,720 SF
Lot
1.4 ac (60,984 SF)
Zoning code
CG - COMM GEN
APN
03-25-276-003
UPID
US28-0195566
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
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$800k
Owner & transaction history
Border Town Properties Corp · 1 yrs held
Border Town Properties Corp
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
CG - COMM GEN · Rockton, IL
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 Rockton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockton 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
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Aug 12 2024)
Last sale anchor
$800k
Aug 12 2024
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
$63 / 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
$12,720
Tax year 2023
Assessed value
$145,251
Assessed 2023
Previous assessed
$132,698
+9.5% YoY
Effective rate
8.76%
On assessed value
Assessed land
$27,957
Assessed improvement
$117,294
Land market value
$83,871
Improvement market value
$351,882
Total market value
$435,753
Applied tax rate
197.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
12,720 SF
Lot
1.4 ac (60,984 SF)
Zoning code
CG - COMM GEN
APN
03-25-276-003
UPID
US28-0195566
Jurisdiction
WINNEBAGO
Zoning & alternative use
CG - COMM GEN · Rockton, IL
Zoning CG - COMM GEN · permitted uses
CG - COMM GEN · Rockton, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Border Town Properties Corp
Entity
Mailing address
716 ELBERON WAY, ROSCOE, IL 61073-6329
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2024
$800,000
Border Town Properties Corp
Billy Bob LLC
Warranty Deed
$640,000 · Cbi Bank & Trust
Mar 15, 2013
—
Billy Bob LLC
—
Trustees Deed
related
$191,349 · First National Bank
Mar 6, 2013
$300,000
Billy Bob LLC
Jp Morgan Chase Bk
Grant Deed
$255,000 · First National Bank
Nov 26, 2012
—
Jpmorgan Chase Bank NA
Graceffa Utility Service INC
Grant Deed
related
—
—
—
Graceffa Utility Service INC
—
Deed Of Trust
related
$125,000 · J P Morgan Chase Bank
—
—
Graceffa Utility Service INC
—
Deed Of Trust
related
$400,000 · J P Morgan Chase Bank
—
—
Billy Bob LLC
—
Deed Of Trust
related
$200,000 · Rockford Local Dev Corp
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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