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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Commercial real estate
252 Veterans Pkwy, Columbia, IL 62236-2510
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US28-5722831
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.31 ac (57,276 SF)
Zoning code
CC2
APN
04-17-481-001-000
UPID
US28-5722831
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
-
Carrot Patch Day Care Center High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Douglas E Briggs · 1 yrs held
Douglas E Briggs
since 2025
Last sale
$730,000
7 recorded transactions
Zoning & alternative use
CC2 · Columbia, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbia 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
$695,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $730k (May 5 2025)
Last sale anchor
$730k
May 5 2025
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
—
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
$13,862
Tax year 2023
Assessed value
$226,580
Assessed 2023
Previous assessed
$226,580
+0.0% YoY
Effective rate
6.12%
On assessed value
Assessed land
$83,710
Assessed improvement
$142,870
Land market value
$251,130
Improvement market value
$428,610
Total market value
$679,740
Applied tax rate
4,001.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1.31 ac (57,276 SF)
Zoning code
CC2
APN
04-17-481-001-000
UPID
US28-5722831
Jurisdiction
MONROE
Zoning & alternative use
CC2 · Columbia, IL
Zoning CC2 · permitted uses
CC2 · Columbia, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.31 ac
Current owner
From public records · entity-resolved
Douglas E Briggs
Individual
Mailing address
252 VETERANS PKWY, COLUMBIA, IL 62236-2510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
May 5, 2025
—
Douglas E Briggs
Douglas E Briggs
Deed
related
—
Jan 29, 2019
—
Douglas E Briggs
—
Deed
related
$100,000 · Central Bk/st Louis
May 25, 2018
—
Douglas E Briggs
—
Deed
related
$450,000 · Central Bk/st Louis
Jan 9, 2004
$730,000
Douglas Briggs
Bournstein,glenn & Carol
Warranty Deed
—
—
—
Douglas E Briggs
—
Deed Of Trust
related
$100,000 · Central Bk/st Louis
—
—
Douglas E Briggs
—
Loan Modification
related
$450,000 · Central Bk/st Louis
—
—
Douglas E Briggs
—
Loan Modification
related
$192,152 · Central Bk/st Louis
—
—
Douglas E Briggs
—
Deed Of Trust
related
$266,000 · Small Business Growth Corp
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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