Property profile

1906 College Ave Normal, IL 61761

OFF-MARKET
Commercial real estate
Property ID
US28-0013429
4,000 SF 0.57 ac lot Built 2018
Individually Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2018
Total area 4,000 SF
Lot 0.57 ac (24,829 SF)
Zoning code B-1
APN 14-26-276-035
UPID US28-0013429

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
  • Hardware & Home Improvement Building Supply

Location

1906 College Ave Normal, IL 61761-4577
Normal metro Census 504 BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2018
2 recorded transactions
2018
$2.0M
2017
$630,000

Zoning & alternative use

B-1 · Normal, IL
Zoning description

The intent of this B-1 General Business District is to provide for certain types of commercial activities that have a functional relationship to the major street system, and in some instances, an economic relationship to…

General category COMMERCIAL

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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