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Property profile & analytics
OFF-MARKET
Commercial real estate
12702 Farmington Rd, Hanna City, IL 61536-8004
Individually Owned
3-yr Hold
Free & Clear
Property ID
US28-0522149
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
APN
16-10-281-028
UPID
US28-0522149
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Matt Ricketts · 3 yrs held
Matt Ricketts
since 2023
Last sale
$250,000
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 Hanna City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanna City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,852
Tax year 2023
Assessed value
$39,800
Assessed 2023
Previous assessed
$37,060
+7.4% YoY
Effective rate
7.17%
On assessed value
Assessed land
$7,070
Assessed improvement
$32,730
Land market value
$21,210
Improvement market value
$98,190
Total market value
$119,400
Applied tax rate
710.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Heating
NONE
APN
16-10-281-028
UPID
US28-0522149
Jurisdiction
PEORIA
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
Matt Ricketts
Individual
Free & Clear · 3 yrs held
Mailing address
2316 N TAYLOR RD, HANNA CITY, IL 61536-9668
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
$250,000
Matt Ricketts
Joseph L Buskirk
Warranty Deed
—
Oct 19, 2017
—
Joseph L Buskirk
—
Deed
related
$90,000 · Morton Community Bank
Mar 13, 2012
$100,000
Joseph L Buskirk
Artie L Fowler
Warranty Deed
$80,000 · Heritage Bank Central Illinois
Oct 10, 2008
—
Artie L Fowler
—
Trustees Deed
related
$4,204 · Heritage Bank Central Illinois
Oct 24, 2007
—
Artie L Fowler
—
Trustees Deed
related
$100,000 · Heritage Bank Central Illinois
—
—
Artie L Fowler
—
Deed Of Trust
related
$193,727 · Heritage Bank Central Illinois
—
—
Joseph L Buskirk
—
Loan Modification
related
$68,069 · Heritage Bk/ctrl Il
—
—
Artie L Fowler
—
Deed Of Trust
related
$156,750 · Heritage Bank Central Illinois
—
—
Artie L Fowler
—
Deed Of Trust
related
$60,000 · Heritage Bank Central Illinois
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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