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Property profile & analytics
FOR LEASE
Warehouses
2580 Prospect Ct Aurora, IL 60502
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US28-2094510
For Lease
1 / 2
$4,080,000
2580 Prospect Ct, Aurora, IL 60502
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
650,361 SF
Lot
27.79 ac (1,210,532 SF)
Zoning code
I
APN
07-05-201-014
UPID
US28-2094510
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
-
Nippon Express Usa Shipping Company Freight Service
-
Nippon Express Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.08M
Owner & transaction history
Bre Space Prospect Court LLC · 7 yrs held
Bre Space Prospect Court LLC
since 2019
6 recorded transactions
Zoning & alternative use
I · Aurora, 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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$6 / 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
$775,117
Tax year 2023
Assessed value
$9,537,670
Assessed 2023
Previous assessed
$9,537,670
+0.0% YoY
Effective rate
8.13%
On assessed value
Assessed land
$2,057,700
Assessed improvement
$7,479,970
Land market value
$6,173,100
Improvement market value
$22,439,910
Total market value
$28,613,010
Applied tax rate
7,045.0000
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
WAREHOUSE, STORAGE
Status
For Lease
Year built
1997
Heating
CENTRAL
Cooling
CENTRAL
Total area
650,361 SF
Lot
27.79 ac (1,210,532 SF)
Zoning code
I
APN
07-05-201-014
UPID
US28-2094510
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
I · Aurora, IL
Zoning I · permitted uses
I · Aurora, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
CENTRAL
Cooling
Yes
Lot
27.79 ac
Current owner
From public records · entity-resolved
Bre Space Prospect Court LLC
Entity
Mailing address
PO BOX 2980, CHICAGO, IL 60690-2980
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2025
—
Bre Space Prospect Court LLC
—
Deed
related
$185,000,000 · Wells Fargo Bank NA
Jun 11, 2021
—
Bre Space Prospect Court LLC
—
Deed
related
$326,000,000 · Bank Of Montreal
Apr 3, 2019
—
Bre Space Prospect Court LLC
Space Center Prospect Court INC
Special Warranty Deed
$140,000,000 · Barclays Bank Plc
Apr 6, 2011
—
Space Center Tysons
Butterfield Owners Assn
Quit Claim Deed
related
—
Dec 17, 2010
—
Space Center Prospect Ct LLC
Space Center Tysons INC
Quit Claim Deed
related
$12,200,000 · Aviva Life & Annuity Co
—
—
Space Center Tysons INC
—
Deed Of Trust
related
$14,000,000 · Ge Life & Annuity Assurance Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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