Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

3185 Grand Prix Dr Decatur, IL 62526

FOR LEASE
Other warehouses
Property ID
US28-4485629
0.97 ac lot
Last sale Oct 2023 · $370,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This industrial/warehouse property is located in an industrial park at 3185 Grand Prix Drive in Decatur, Illinois. The building is a steel-frame structure with a poured concrete floor and was constructed in 2007. It is configured to support multiple tenants within the overall space, with overhead doors placed to correspond to 3,000 sq ft increments, providing one overhead door for each 3,000 sq ft. The property is zoned Industrial M-2. The site and additional space support potential expansion…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$150k
Assessed land$32k
Assessed improvement$118k
Effective rate9.37%

Value estimate

· Oct 2026
$375k
$338k – $413k
AI approach$370k
NOI build-up
Gross scheduled income$87k
Vacancy & credit loss−$6k
Operating expenses−$24k
NOI · 805,857.14% cap applied$56k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
805,857.14%
$56k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MUNICIPAL
JurisdictionMACON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.2
Skin Care Clinic9.9
Bakery9.4

Location

3185 Grand Prix Dr Decatur, IL 62526
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2901 Woodford, Decatur, IL 62526-4715 $175,000 Mar 2025 No data
2316 Logan, Decatur, IL 62526-5135 $30,000 Feb 2025 No data
3910 Harrison Ave, Decatur, IL 62526-5535 $600,000 Feb 2025 No data
5080 Brush College, Decatur, IL 62526-9706 $200,000 Nov 2024 No data
3990 Harrison, Decatur, IL 62526-5535 $112,000 Apr 2024 No data
2373 Rte 121, Decatur, IL 62526-9462 $220,000 Feb 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again