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Property profile & analytics

5 Commercial Dr Flora, IL 62839-9000

  • Commercial real estate
  • 9.35 lot acres
OFF-MARKET
Value Estimation
$295,000
Location Intelligence
Property ID
US28-4926053
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • DC Weld / Metal Fabricator

Property Details for 5 Commercial Dr

Lot size
9.35 lot acres
Property type
Commercial real estate
APN
11-30-400-054
APU
1130400054

Description

This exceptional commercial property, located at 5 Commercial Drive in Flora, Illinois, presents a unique investment opportunity. The 9.35-acre lot houses two substantial buildings, ideal for a variety of commercial uses. The primary structure boasts approximately 9,800 square feet of space, featuring a steel frame construction completed in 2009. This building includes four offices, two bathrooms, a kitchen/break room, and ample parts and storage areas. The two-story office section is complemented by a spacious open shop/warehouse area equipped with one east-facing and three west-facing overhead doors, plus three walk-in doors. High-quality features include laser-leveled concrete flooring, new LED lighting, 3-phase 600-amp electrical service, central heat and air conditioning, and radiant tube heating in the shop area. The secondary building offers an additional 4,800 square feet, including a climate-controlled 24' x 60' paint/finish area. This building features a 20-foot slide door on the east side, an 18-foot overhead door, and a walk-in door. The property also benefits from ample parking, concrete and rock drives, and dual entrances. The asking price of $895,000 is for the real estate only; the existing fabrication business will remain operational, with a negotiable possession timeline. This property is situated within an industrial park, offering excellent accessibility and visibility.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $305,000
    6.5%
    $315,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $335,000
    Geo Method
    $285,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $325,000
    Retail
    $255,000
    Mixed-Use
    $305,000
    Hospitality
    $255,000
    Educational
    $240,000
    Residential Income
    $285,000
    Energy
    $275,000
    Income-Based Land
    $295,000
    Food Service
    $285,000

Location Insight

  • Map
  • Local Demand
City
Flora
County
Clay
State
Illinois
Longitude
-88.4645
Latitude
38.6655

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$15,012
$19,697
$151,558
$171,255
-
$59,091
$454,674
$513,765
More about this property
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