Technical
Financial
Distress signals
Property profile

3575 Morreim Dr Belvidere, IL 61008

OFF-MARKET
Industrial properties
Property ID
US28-4345913
100,000 SF 5.81 ac lot Built 2001
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2001
Total area 100,000 SF
Lot 5.81 ac (253,223 SF)
APN 05-33-400-016
UPID US28-4345913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

3575 Morreim Dr Belvidere, IL 61008-6307
Belvidere metro Census 10400 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.66M
Blend (final) Blend
$990k

Owner & transaction history

since 2018
6 recorded transactions
2022
Price N/A
2018
Price N/A
2018
$3.5M
2011
$329,500
2006
Price N/A
2005
$2.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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