Property profile

1301-1305 Martin Luther King Dr Bloomington, IL 61701

OFF-MARKET
Commercial real estate
Property ID
US28-1363689
13,349 SF 9.86 ac lot Built 1993
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1993
Construction FRAME
Total area 13,349 SF
Lot 9.86 ac (429,719 SF)
APN 14-31-426-003
UPID US28-1363689

Cap rate & NOI

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

Location

1301-1305 Martin Luther King Dr Bloomington, IL 61701
Bloomington metro Census 302 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.08M
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$420k

Owner & transaction history

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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