Property profile

1275 Turret Dr Machesney Park, IL 61115

OFF-MARKET
Industrial properties
Property ID
US28-2221398
6,750 SF Built 1990
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1990
Total area 6,750 SF
APN 08-17-178-003
UPID US28-2221398

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
  • Industrial Manufacturer

Location

1275 Turret Dr Machesney Park, IL 61115-1451
Machesney Park metro Census 3805 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
$700k
Comparable Approach Comparable
$793k
Blend (final) Blend
$870k

Owner & transaction history

since 2020
Last sale
$1.0M
7 recorded transactions
2020
Price N/A
2020
Price N/A
2020
$1.0M
2017
Price N/A
2017
$535,000
2011
$285,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +143.9%

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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