Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1319 Jamie Ln Waterloo, IL 62298-5569
    Back to Search
    Property profile & analytics

    1319 Jamie Ln, Waterloo, IL 62298-5569

    View on Map
    • Office Spaces
    • 1.03 lot acres
    Off-Market
    Property ID
    US28-0221696
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1319 Jamie Ln

    Lot size
    1.03 lot acres
    Zone code
    WB2
    Property type
    Office Spaces
    APN
    07-13-101-002-000
    APU
    713101002000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 12, 2018 $650,000 Braddock Development INC Waterloo Center INC Deed —
    Apr 17, 2018 $742,000 Monroe Cnty Health Dept Waterloo Center INC Grant Deed —
    Jan 22, 2018 — Clock Tower Sears Building INC Waterloo Center INC Quit Claim Deed · related —
    Jun 21, 2017 $425,000 Braddock Development INC Waterloo Centre INC Deed $425k
    — — Waterloo Center INC — Deed Of Trust · related $1.6M · Reliance Bank
    — — Waterloo Center INC — Deed Of Trust · related $1.6M · Reliance Bank
    — — Waterloo Center INC — Loan Modification · related —
    — — Braddock Dev INC — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.1588
    Latitude
    38.3674
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,912
    $34,550
    $155,500
    $190,050
    -
    $103,650
    $466,500
    $570,150

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      203 Ml St

      OFFICE (GENERAL)
      203 Ml St, Waterloo, IL 62298-1235
      View Details
    • Value Estimation by Request
      0.10 Acres

      119 Ml St

      OFFICE (GENERAL)
      119 Ml St, Waterloo, IL 62298-1518
      View Details
    • Value Estimation by Request
      0.06 Acres

      101 Ml St

      OFFICE (GENERAL)
      101 Ml St, Waterloo, IL 62298-1518
      View Details
    • Value Estimation
      $540,000
      0.78 Acres

      706 Rogers St

      OFFICE (GENERAL)
      706 Rogers St, Waterloo, IL 62298-1780
      View Details
    • Value Estimation by Request
      7,200 SF

      1331 Jamie Ln

      Medical Office Space
      1331 Jamie Ln, Waterloo, IL 62298
      View Details
    • Value Estimation by Request
      2.24 Acres

      1019 Illinois Rte 3rd 3

      OFFICE (GENERAL)
      1019 Illinois Rte 3rd 3, Waterloo, IL 62298-3288
      View Details

    Similar Nearby for Sale

    • $40,000
      0.26 Acres

      Waterloo Commercial Lot Opportunity

      Highly visible commercial lot in Waterloo, Illinois, for sale.
      212 Bradford Ln, Waterloo, IL 62298
      View Details
    • Contact for pricing

      Prime Commercial Corner Lot

      Corner lot in high-traffic area, excellent for commercial development.
      6 Dannehold Farms Dr, Waterloo, IL 62298
      View Details
    • $200,000
      2.06 Acres

      Commercial Lots in Waterloo, IL

      Available commercial lots zoned for central business in Waterloo, Illinois.
      Columbia Ave, Waterloo, IL 62298
      View Details
    • $225,000
      1.40 Acres

      Waterloo Commercial Lots on Route 3

      12 commercial lots available along IL Route 3 in Waterloo.
      Station Xing, Waterloo, IL 62298
      View Details
    • Contact for pricing

      Commercial Lots Along IL Route

      Commercial lots available in B-3 Central Business zone.
      Cross St, Waterloo, IL 62298
      View Details
    • $234,900
      10.00 Acres

      Waterloo Land: 10 Acre Parcel

      10 acres of flat, usable land near Waterloo, Illinois.
      Xxx Konarcik, Waterloo, IL 62298
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Suites Available

      Class A medical office suites and imaging center for rent.
      509 Hamacher St, Waterloo, IL 62298
      View Details
    • Contact for pricing

      Ambulatory Surgery Center For Rent

      Class A single-tenant surgery center with 2 ORs.
      501 Hamacher St, Waterloo, IL 62298
      View Details
    • Contact for pricing

      Retail Center with Outlot Opportunities

      Anchored retail center with outlot development potential in Waterloo.
      150 Waterloo Commons Dr, Waterloo, IL 62298
      View Details
    • Contact for pricing
      7,048 SF

      Retail Space in Waterloo, IL

      Retail or office space with high visibility and ample parking.
      100 Plaza Dr, Waterloo, IL 62298
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1319 Jamie Ln
    Waterloo, IL 62298-5569
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1319 Jamie Ln, Waterloo, IL, 62298
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!