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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    304 Walnut St, Rochester, IL 62563

    0.35 ac lot
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US28-3221793
    Property summary
    AI-generated overview

    This exceptional commercial property in Rochester, Illinois, presents a rare opportunity for a single tenant. Located on Route 29 and South Walnut Street, this 3,500 square foot space boasts high visibility with over 15,000 cars passing daily. The property is zoned COMMERCIAL and features a single, 1,750 square foot unit available for lease. Each unit is designed for optimal efficiency and includes a 10-foot overhead door, a dedicated front office area, and a spacious rear warehouse. A 24-month lease is required at a rate of $2,350 per month. Longer-term lease options may be available at a discounted rate. The property's APN is 23-15.0-305-004. This is a single-tenant occupancy property, ideal for businesses seeking a high-traffic location with excellent road frontage. Don't miss this chance to establish your business in a thriving community. The property is categorized as Land, Office, and Industrial, offering a versatile space adaptable to various commercial needs. The building consists of one suite, providing a cohesive and efficient workspace.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.35 ac (15,050 SF)
    APN 23-15.0-305-004
    UPID US28-3221793
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Rdb Ventures LLC Series 1 · 6 yrs held
    Rdb Ventures LLC Series 1
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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