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    FOR SALE
    Office buildings

    3180 N Woodford St, Decatur, IL 62526

    0.37 ac lot
    Trust Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US28-4553724
    Property summary
    AI-generated overview

    This exceptional 6,400 square foot executive office building, situated on a 0.37-acre lot in Decatur, Illinois (62526), presents a compelling investment opportunity. Built in 1974, the property boasts a convenient location north of Pershing Road, enjoying high visibility with a daily traffic count of 12,100 vehicles. The building features flexible floor plans adaptable to various office or retail needs, easily modified to accommodate spaces as small as 500 square feet. Currently zoned for commercial use (APN: 07-07-36-351-002), the property offers ample parking with 30 spaces directly at the building's entrance. The two-story structure provides approximately 3,200 square feet per floor. Its prime location offers easy access to numerous amenities, including a County Market grocery store, diverse restaurants, auto parts stores, a custom printing shop, and a car wash. This property is ideal for owner-users seeking a versatile space or passive investors looking for a strong return. The building's adaptable layout and excellent location make it a highly attractive proposition in the thriving Decatur market.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.37 ac (16,000 SF)
    Zoning code MUNICIPAL
    APN 07-07-36-351-002
    UPID US28-4553724
    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
    • Hawaiian Spa Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Prairie State Bank & Trust · 7 yrs held
    Prairie State Bank & Trust
    since 2018
    1 recorded transaction
    2018
    $11,000
    Zoning & alternative use
    MUNICIPAL · Decatur, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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