Property profile

1301 Douglas Rd Metamora, IL 61548

OFF-MARKET
Commercial real estate
Property ID
US28-2873151
2,707 SF 2.74 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2,707 square foot, single-story brick building sits on a spacious 2.74-acre lot in Metamora, Illinois. Originally constructed and utilized as a church, this property presents a wealth of redevelopment opportunities. The existing layout includes a large sanctuary, a nursery, several meeting rooms, and one large and two small half-bathrooms, along with a baptistry. Two HVAC systems ensure climate control throughout the building. The property's versatility allows for a wide range of potential uses, including but not limited to: daycare center, retail space, office complex, learning center, or even storage facility. The expansive acreage offers ample room for future expansion. Currently zoned residential, the buyer will be responsible for obtaining any necessary zoning changes to accommodate their chosen use. The property is serviced by village water but utilizes a septic system. Please note that, due to its prior use as a church, the property has been exempt from real estate taxes

Property profile

Verified
Property type Commercial real estate
Total area 2,707 SF
Lot 2.74 ac (119,354 SF)
UPID US28-2873151

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
  • Church

Location

1301 Douglas Rd Metamora, IL 61548
Metamora metro
Google Maps

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1301 Douglas Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message