Property profile

2200 Locust St Decatur, IL 62521

OFF-MARKET
Commercial real estate
Property ID
US28-3921962
0.13 ac lot
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.13 ac (5,520 SF)
Zoning code MUNICIPAL
APN 04-12-12-253-018
UPID US28-3921962

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2200 Locust St Decatur, IL 62521
Decatur metro Census 1000 DECATUR, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2022
1 recorded transaction
2022
$25,000

Zoning & alternative use

MUNICIPAL · Decatur, IL

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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