Property profile

1961 Edgewater Dr Pekin, IL 61554

OFF-MARKET
Flex space
Property ID
US28-1248275
99,465 SF 7.95 ac lot Built 1992
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1992
Total area 99,465 SF
Lot 7.95 ac (346,302 SF)
APN 04-04-24-100-014
UPID US28-1248275

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
  • Warehouse & Storage

Location

1961 Edgewater Dr Pekin, IL 61554-7831
Pekin metro Census 20500 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.65M
Blend (final) Blend
$4.49M

Owner & transaction history

since 2022
Last sale
$6.2M
7 recorded transactions
2023
Price N/A
2022
$6.2M
2021
Price N/A
2017
$2.2M
2006
Price N/A
2004
Price N/A
2003
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $8.8M +204.1%
Medical building $8.6M +195.1%
Retail stores $6.6M +127.4%

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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