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Property profile & analytics
OFF-MARKET
Industrial properties
3680 Newburg Rd Belvidere, IL 61008-8529
Entity Owned
7-yr Hold
Free & Clear
Property ID
US28-4697228
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2015
Total area
5,852 SF
Lot
0.92 ac (40,167 SF)
Zoning code
5
APN
05-33-226-001
UPID
US28-4697228
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
-
Bodylines, Inc. Auto Repair Shop
-
ZeroEdge Aquarium Industrial Manufacturer Production Facility
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
Tin Roof Properties LLC · 7 yrs held
Tin Roof Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
5 · Belvidere, 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 Belvidere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belvidere 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
$9,488
Tax year 2023
Assessed value
$110,603
Assessed 2023
Previous assessed
$104,972
+5.4% YoY
Effective rate
8.58%
On assessed value
Assessed land
$11,192
Assessed improvement
$99,411
Land market value
$33,576
Improvement market value
$298,233
Total market value
$331,809
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2015
Stories
1
Total area
5,852 SF
Lot
0.92 ac (40,167 SF)
Zoning code
5
APN
05-33-226-001
UPID
US28-4697228
Jurisdiction
BOONE
Zoning & alternative use
5 · Belvidere, IL
Zoning 5 · permitted uses
5 · Belvidere, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belvidere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Tin Roof Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3680 NEWBURG RD, BELVIDERE, IL 61008-8529
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2023
—
Tin Roof Properties LLC
—
Deed
related
$400,000 · Resource Bank NA
Apr 15, 2019
—
Tin Roof Properties LLC
—
Deed
related
$368,000 · Resource Bank NA
Feb 13, 2019
—
Tin Roof Properties LLC
Roger Crome
Quit Claim Deed
related
—
Feb 13, 2019
$130,000
Roger Crome
Boone County Sheriff
Sheriffs Deed
related
—
Mar 15, 2016
$300,000
Kincer Clan LLC
Nathan L Linhart
Warranty Deed
$670,000 · Ridgestone Bank
Jan 6, 2016
—
Nathan L Linhart
Nancy L Linhart
Quit Claim Deed
related
—
Apr 9, 2007
$440,000
Nathan Linhart
Edward A Marx
Warranty Deed
$10,001 · Citizens First National Bank
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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