Financial
Distress signals
Property profile

2405 W Herrin St Herrin, IL 62948

FOR SALE
Other industrial properties
Property ID
US28-4048668
37.16 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a rail-served warehouse facility in Herrin, Illinois, offering a total configured area of approximately 50,000 to 180,000 square feet. It is divided into sections with specific loading and dock configurations: one section of about 50,000 to 111,646 square feet includes one drive-in door, an exterior dock platform with four truck lanes, and three dock doors measuring 10 feet by 8 feet with dock bumpers, and provides a clear height of approximately 18 to 20 feet. A second section

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$44k
Tax billed · 2023
Assessed value$503k
Assessed land$258k
Assessed improvement$245k
Effective rate8.70%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$2.49M
Vacancy & credit loss−$214k
Operating expenses−$683k
NOI · 45.55% cap applied$1.59M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
45.55%
$1.59M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILLIAMSON

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.5
Auto Parts Store9.4
Electrical Service9.3

Location

2405 W Herrin St Herrin, IL 62948
County assessor Recorded deeds · not on file Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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