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Property profile & analytics
OFF-MARKET Estimated value $290,000
Commercial real estate

400 Vandevere St Morrisonville, IL 62546-6831

8,280 SF 0.81 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Property ID
US28-4283150
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 8,280 SF
Lot 0.81 ac (35,284 SF)
Zoning code I-1
APN 13-22-08-116-001-00
UPID US28-4283150
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
  • Light Armor Ovens Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
LIGHT ARMOR INC
LIGHT ARMOR INC
Zoning & alternative use
I-1 · Morrisonville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Light Industrial I-1 1 acres Heavy Industrial I-2 1 acres Flood Plain Overlay 0-FP None [NOTE: Currently the Villages of Harvel, Owaneco, Morrisonville and Jeiseyville are zoned by the County.] 1-3-2 BOUNDARIES OF DISTRICTS. (A) The boundaries of the districts are hereby established as shown upon the Zoning Maps of Christian County, and the Villages of Harve…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4.71 ac
Source Revised Code
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