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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Warehouses
2000 8th St, Pekin, IL 61554-1539
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US28-1099696
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1974
Total area
9,000 SF
Lot
3.1 ac (135,036 SF)
APN
04-04-26-102-005
UPID
US28-1099696
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Atlas Supply Company Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$523k
Blend (final)
Blend
$505k
Owner & transaction history
2000 8th Street LLC · 3 yrs held
2000 8th Street LLC
since 2022
Last sale
$508,333
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$765,000
+76.4%
Restaurant
$635,000
+46.9%
Commercial (general)
$620,000
+42.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pekin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pekin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$370,000
ML approach
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$435,000
Current use
AUTO REPAIR, GARAGE
$765,000
Change: +76% · Conversion: Easy
RESTAURANT
$635,000
Change: +47% · Conversion: Difficult
COMMERCIAL (GENERAL)
$620,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$445,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $508k (Jun 17 2022)
Last sale anchor
$508k
Jun 17 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$56 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,773
Tax year 2023
Assessed value
$111,530
Assessed 2023
Previous assessed
$111,530
+0.0% YoY
Effective rate
8.76%
On assessed value
Assessed land
$73,180
Assessed improvement
$38,350
Land market value
$219,540
Improvement market value
$115,050
Total market value
$334,590
Applied tax rate
4,032.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Units
1
Total area
9,000 SF
Lot
3.1 ac (135,036 SF)
APN
04-04-26-102-005
UPID
US28-1099696
Jurisdiction
TAZEWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$435,000
AUTO REPAIR, GARAGE
Est. value
$765,000
RESTAURANT
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$620,000
RETAIL STORES
Est. value
$445,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Stories
1
Units
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
2000 8th Street LLC
Entity
Mailing address
440 MAMARONECK AVEN, HARRISON, NY 10528-2418
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2022
—
2000 8th Street LLC
Aftr INC
Re-recorded Document
related
—
Jun 17, 2022
$508,333
2000 8th Street LLC
Aftr INC
Special Warranty Deed
$350,111 · First Mid Bank & Trust NA
Jan 30, 2017
—
Aftr INC
—
Deed
related
$283,242 · Morton Cmnty Bk
Jan 17, 2017
—
Aftr INC
Ds 23 LLC
Quit Claim Deed
related
—
May 3, 2016
$330,000
Ds 23 LLC
Scotti Richard L Trust
Grant Deed
$264,000 · Heritage Bk/ctrl Il
Dec 14, 2007
—
Scotti Richard L Trust
Scotti,richard L & Sandra L
Quit Claim Deed
related
—
Apr 30, 1999
$190,000
Richard L Scotti
Praxair Distribution INC
Grant Deed
$152,000 · Herget National Bank Of Pekin
—
—
Aftr INC
—
Deed Of Trust
related
$283,242 · Morton Cmnty Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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