For Lease
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Property summary
This Decatur, IL warehouse at 2015 E. Olive St. offers nearly 30,000 square feet of space on a 1.89-acre lot. Built in 1969 and zoned M-2, the property features a single-tenant occupancy and boasts significant cold storage infrastructure, including numerous Bohn walk-in refrigerators and freezers. The warehouse includes several dock doors, an overhead drive-in interior dock/staging area, and a 700-square-foot office with restrooms. Ceiling clearance varies from 12 to 22 feet, accommodating… diverse storage needs. Previously used by a regional food service and produce distributor, this clean and well-maintained building is perfect for food-related businesses. The property's adaptable design allows for the cold storage equipment to remain or be removed to suit the tenant's requirements. The asking lease rate is $4 per square foot, net lease structure. Floor plans and a 3D virtual tour are available. APN: 04-12-12-128-028.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.89 ac
- APN
- 04-12-12-128-028
- Zoning
- MUNICIPAL
- Assessed value · 2023
- $112,750
- Annual tax · 2023
- $11,221
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $11,221
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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