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Property profile & analytics
OFF-MARKET
Commercial land
4340 Maray Dr, Rockford, IL 61107-4966
Entity Owned
1-yr Hold
Free & Clear
Property ID
US28-5715931
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.07 ac (46,609 SF)
Zoning code
C2
APN
12-20-378-006
UPID
US28-5715931
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
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
Edm Real Estate Development LLC · 1 yrs held
Edm Real Estate Development LLC
since 2024
Last sale
$20,000
7 recorded transactions
Zoning & alternative use
C2 · Rockford, 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 Rockford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockford 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
$3,762
Tax year 2023
Assessed value
$36,232
Assessed 2023
Previous assessed
$32,385
+11.9% YoY
Effective rate
10.38%
On assessed value
Assessed land
$36,232
Land market value
$108,696
Total market value
$108,696
Applied tax rate
1.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.07 ac (46,609 SF)
Zoning code
C2
APN
12-20-378-006
UPID
US28-5715931
Jurisdiction
WINNEBAGO
Zoning & alternative use
C2 · Rockford, IL
Zoning C2 · permitted uses
C2 · Rockford, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.07 ac
Current owner
From public records · entity-resolved
Edm Real Estate Development LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4437 E STATE ST STE #2, ROCKFORD, IL 61108-2116
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2024
$70,000
Edm Real Estate Development LLC
Welcome Residency INC
Quit Claim Deed
related
—
Jul 2, 2024
$70,000
Edm Real Estate Development LLC
Welcome Residency INC
Quit Claim Deed
related
—
Mar 14, 2024
$35,000
Welcome Residency INC
Al Dulaimi Azam
Quit Claim Deed
related
—
Jun 14, 2023
$30,000
Al Dulaimi Azam
Allen Moses
Quit Claim Deed
related
—
Aug 25, 2020
$20,000
Allen Moses
Ultra Mares LLC
Warranty Deed
—
Dec 23, 2019
—
Ultra Mares LLC
Winnebago County
Grant Deed
related
—
Feb 8, 2018
—
Winnebago County Tr
Clerk Of Winnebago County
Tax Deed
related
—
Oct 14, 2011
—
Alpine Bk & Trust Co
Kitzmans Ents LLC
Warranty Deed
related
—
Nov 5, 2008
—
Kitzmans Ents LLC-maray Series
Kitzmans Ents LLC
Quit Claim Deed
related
—
Dec 1, 2005
$80,000
Kitzman Enterprises LLC
Shin Chen Yi
Warranty Deed
$64,000 · Alpine Bank Of Illinois
—
—
Kitzmans Ents LLC
—
Deed Of Trust
related
$60,000 · Alpine Bank & Trust Co
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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