Entity Owned Property summary
AI-generated overview
This gas station property is located in Beach Park, Illinois at the intersection of Sheridan Road and York Road, on a lot of approximately 0.3473 acres. The site includes three fiberglass double-wall underground storage tanks with a total capacity of 18,000 gallons, and gasoline service is provided by six pumps. The property has features described as new pumps and imaging, and it has operated with varying daily hours (with reported operation periods of approximately 6:00 a.m. to 7:00 p.m. and also 5:00 a.m. to 1:00 a.m.). Historically, the station has been associated with a Shell convenience store operation and included convenience and liquor sales, with reported volumes of approximately 45,000 gallons of gas sold. The configuration includes a gas supply arrangement described as a 9-year gas supply contract.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Construction
BRICK
Total area
2,196 SF
Lot
0.35 ac (15,363 SF)
APN
08-03-102-007
UPID
US28-5792620
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
-
Gas Station
-
Grocery & Convenience Store Food Market
-
Atm
-
Gas Station
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$649k
Blend (final)
Blend
$755k
Owner & transaction history
since 2024
Last sale
$755,000
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$755k
Value range
$680k – $831k
±10% around blend
Estimated value / SF
$344 / SF
Confidence
Property data
75
Comparable evidence
60
$680k
blend $755k
$831k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,196 SF
Lot area
0.35 ac
Year built
1965
APN
08-03-102-007
Assessed value
$116,574
Annual tax
$9,569
3
Income approach: direct capitalization
Partial preview
Income approach indication
$620k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$675k
@ 6.5% CAP return
$620k
@ 7% CAP return
$580k
4
Sales comparison
Partial preview
Sales approach indication
$649k
Range $343k – $1.57M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$755k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.40%
Implied, in-place cap rate for this grocery and convenience stores
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.40%
9.0%
NOI (est.)
$53k *
Last sale · Oct 2024
$755k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$979k
Move the market yield to see immediate price impact.
Value / SF
$446
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.90%5.40%5.90%
$48k
$971k
$881k
$806k
$53k
$1.08M
$979k
$896k
$58k
$1.19M
$1.08M
$985k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,569
Tax year 2023
Assessed value
$116,574
Assessed 2023
Previous assessed
$111,023
+5.0% YoY
Effective rate
8.21%
On assessed value
Assessed land
$17,778
Assessed improvement
$98,796
Land market value
$53,339
Improvement market value
$296,418
Total market value
$349,757
Applied tax rate
9,048.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1965
Construction
BRICK
Heating
NONE
Total area
2,196 SF
Lot
0.35 ac (15,363 SF)
APN
08-03-102-007
UPID
US28-5792620
Jurisdiction
LAKE
Metro division
LAKE COUNTY-KENOSHA COUNTY, IL-WI METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1965
Construction
BRICK
Heating
NONE
Lot
0.35 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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