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12137 Rhea Dr,Unit B, Plainfield, IL 60585
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Property summary
AI-generated overview
A 4,400-square-foot industrial unit in the Wolf Creek II industrial park in the south Naperville/north Plainfield corridor, located one block east of Route 59 near 127th Street with access to the metro Chicago area. The space includes four finished offices plus a receptionist area, two restrooms, and a large heated shop/warehouse area with high ceilings. Additional features include an oversized drive-in door, mezzanine-finished storage areas, and a shared interior recessed truck dock. Heating is provided by gas heat with central air conditioning, and the unit is configured to support industrial, commercial, and business uses such as trades and contracting, service work, packaging, assemblage, and distribution. The building provides no outdoor parking or outdoor storage as part of the unit.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Total area
14,000 SF
Lot
1.74 ac (75,794 SF)
APN
07-01-27-101-024
UPID
US28-1281148
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
-
Industrial Manufacturer Production Facility
-
Law Firm
-
Factory Production Facility
-
Industrial Manufacturer Production Facility
-
Marketing & Advertising IT Consulting Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$480k
Owner & transaction history
since 2021
6 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$480k
Value range
$432k – $528k
±10% around blend
Estimated value / SF
$34 / SF
Confidence
High
7 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
70
Income certainty
100
$432k
blend $480k
$528k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,000 SF
Lot area
1.74 ac
Year built
1989
APN
07-01-27-101-024
Assessed value
$241,642
Annual tax
$17,110
3
Income approach: direct capitalization
Partial preview
Income approach indication
$925k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.01M
@ 6.5% CAP return
$925k
@ 7% CAP return
$860k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$17,110
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.34M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.5 mi away · 12,000 SF
12.7 mi away · 15,630 SF
16.8 mi away · 16,560 SF
20.4 mi away · 15,612 SF
22.6 mi away · 11,920 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$480k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 234 sales
$97
-65%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $34/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$271k
Move the market yield to see immediate price impact.
Value / SF
$19
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$17k
$341k
$244k
$189k
$19k
$379k
$271k
$210k
$21k
$417k
$298k
$232k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.40M
6.3 mi · Feb 2026 · $107/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,110
Tax year 2023
Assessed value
$241,642
Assessed 2023
Previous assessed
$241,642
+0.0% YoY
Effective rate
7.08%
On assessed value
Assessed land
$55,096
Assessed improvement
$186,546
Land market value
$165,288
Improvement market value
$559,638
Total market value
$724,926
Applied tax rate
731.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1989
Heating
NONE
Cooling
CENTRAL
Total area
14,000 SF
Lot
1.74 ac (75,794 SF)
APN
07-01-27-101-024
UPID
US28-1281148
Jurisdiction
WILL
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Cooling
Yes
Lot
1.74 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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