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Property profile & analytics
FOR LEASE
Commercial real estate
302 Greenbriar Dr, Normal, IL 61761
Entity Owned
~
Est. High Equity
Property ID
US28-2658159
For Lease
1 / 5
Contact for pricing
302 Greenbriar Dr, Normal, IL 61761
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2011
Total area
1,490 SF
Lot
0.83 ac (36,155 SF)
Zoning code
B-1
APN
14-26-202-014
UPID
US28-2658159
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
-
Sonic Drive-In Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Insphere Illinois LLC
Insphere Illinois LLC
since 2025
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
B-1 · Normal, 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 Normal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Normal 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
—
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
$17,600
Tax year 2023
Assessed value
$205,642
Assessed 2023
Previous assessed
$205,642
+0.0% YoY
Effective rate
8.56%
On assessed value
Assessed land
$125,391
Assessed improvement
$80,251
Land market value
$376,173
Improvement market value
$240,753
Total market value
$616,926
Applied tax rate
3,001.0000
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
For Lease
Year built
2011
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Total area
1,490 SF
Lot
0.83 ac (36,155 SF)
Zoning code
B-1
APN
14-26-202-014
UPID
US28-2658159
Jurisdiction
MCLEAN
Zoning & alternative use
B-1 · Normal, IL
Zoning B-1 · permitted uses
B-1 · Normal, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Normal. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Lot
0.83 ac
Current owner
From public records · entity-resolved
Insphere Illinois LLC
Entity
Mailing address
729 N SHR DR, CHARLESTON, SC 29412-4215
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$1,440,000
Insphere Illinois LLC
Ram Investments LLC
Special Warranty Deed
$935,000 · Midland States Bank
May 9, 2024
$398,000
Ram Investments LLC
Road Real Estate LLC
Special Warranty Deed
$725,000 · Pinncacle Bank
May 9, 2024
—
Ram Investments LLC
Roar Real Estate LLC
Quit Claim Deed
related
—
May 19, 2011
$360,000
Roar Real Estate LLC
Wal Mart Realty Co
Special Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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