Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
4101 Vermilion St Danville, IL 61834-5997
Entity Owned
Absentee Owner
Free & Clear
Property ID
US28-4739284
Property summary
AI-generated overview
This 1.16-acre commercial lot, located at Lot #10, 4101 N Vermilion St, Danville, IL 61834, presents a unique investment opportunity. Situated on the same pad as a Walmart and adjacent to a Menards, this property boasts exceptional visibility and accessibility within a high-traffic area. The lot is zoned B-3, allowing for a variety of commercial uses. Its strategic location offers significant potential for businesses seeking high exposure and convenient access to a large customer base. The property's size is ideal for a range of development projects, and there's the added advantage of potential combination with neighboring lots, providing flexibility for larger-scale ventures. This prime commercial land is for sale by owner, offering a direct and efficient transaction process. The property is located in Vermilion County, Illinois, and its coordinates are 40.20370451566886 latitude and -87.6273810506067 longitude. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land parcel.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
27.91 ac (1,215,760 SF)
APN
18-17-200-050
UPID
US28-4739284
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
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Walmart Baby & Nursery Services Social Service Agency Community Center
-
Western Union Bank Credit Union
-
Walmart Patio & Garden Services Landscaping General Contractor
-
MoneyGram Bank Credit Union
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
MENARD INC, MENARDS
MENARD INC, MENARDS
Zoning & alternative use
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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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
$161,625
Tax year 2023
Assessed value
$1,725,000
Assessed 2023
Previous assessed
$1,857,167
-7.1% YoY
Effective rate
9.37%
On assessed value
Assessed land
$375,000
Assessed improvement
$1,350,000
Land market value
$1,125,000
Improvement market value
$4,050,000
Total market value
$5,175,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
27.91 ac (1,215,760 SF)
APN
18-17-200-050
UPID
US28-4739284
Jurisdiction
VERMILION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
27.91 ac
Current owner
From public records · entity-resolved
MENARD INC, MENARDS
Entity
Free & Clear · 0 yrs held
Mailing address
4777 MENARD DR, EAU CLAIRE, WI 54703-9604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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?”
You own 4101 Vermilion St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
