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    Property profile & analytics

    5010 Frst Hls Rd Loves Park, IL 61111

    • Industrial properties
    • 6,526 SF
    • 6.15 lot acres
    OFF-MARKET
    Value Estimations
    $215,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-2473473
    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

    • Industrial properties

    Property Details for 5010 Frst Hls Rd

    Year built
    1967
    Construction
    WOOD
    Lot size
    6.15 lot acres
    Property size
    6,526 SF
    Zone code
    INDUSTRIAL HEAVY
    Property type
    Industrial properties
    APN
    12-07-326-007
    APU
    1207326007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $210,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $325,000
      Market price range: $144k - $343k
      AI Estimate
      $252,000
      Market price range: $112k - $304k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Loves Park
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.0526
    Latitude
    42.3017
    CBSA code
    40420
    CBSA name
    ROCKFORD, IL METROPOLITAN STATISTICAL AREA

    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
    2023
    $7,049
    $61,895
    $16,169
    $78,064
    -
    $185,685
    $48,507
    $234,192

    Comparable in this City

    • Value Estimation by Request

      4907 Interstate Blvd

      INDUSTRIAL (GENERAL)
      4907 Interstate Blvd, Loves Park, IL 61111
      View Details
    • Value Estimation by Request

      9450 Frst Hls Rd

      INDUSTRIAL (GENERAL)
      9450 Frst Hls Rd, Loves Park, IL 61111-1943
      View Details
    • Value Estimation
      $445,000
      20,200 SF

      2180 Nimtz Rd

      INDUSTRIAL (GENERAL) • 20,200 SF
      2180 Nimtz Rd, Loves Park, IL 61111-3927
      View Details
    • Value Estimation
      $200,000
      1,904 SF

      412 Riv Ln

      INDUSTRIAL (GENERAL) • 1,904 SF
      412 Riv Ln, Loves Park, IL 61111-5041
      View Details
    • Value Estimation
      $215,000
      8,014 SF

      930 Riv Ln

      INDUSTRIAL (GENERAL) • 8,014 SF
      930 Riv Ln, Loves Park, IL 61111-4713
      View Details
    • Value Estimation
      $240,000
      6,000 SF

      5122 Torque Rd

      INDUSTRIAL (GENERAL) • 6,000 SF
      5122 Torque Rd, Loves Park, IL 61111-7165
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.00 Acres

      Riverside Blvd

      Land • 50,000 SF
      0 Riverside Blvd, Loves Park, IL 61111
      View Details
    • $335,000
      7,070 SF

      Divisible Flex Space For Sale

      Divisible flex space with overhead doors and separate utilities.
      1517 Windsor Rd, Loves Park, IL 61111
      View Details
    • Contact for pricing
      5.00 Acres

      Riverside Blvd

      Land • 5.00 Acres
      0 Riverside Blvd, Loves Park, IL 61111
      View Details
    • $169,900
      1,632 SF

      Charming Townhouse Condo with Potential

      Cozy 2-bedroom townhouse condo with two fireplaces and private deck.
      4518 Hilltop Dr, Loves Park, IL 61111
      View Details
    • $80,000
      0.16 Acres

      Commercial Building, High Traffic Street

      Commercial building on high traffic street in Loves Park, IL.
      244 E Riverside Blvd, Loves Park, IL 61111
      View Details
    • $40,000
      0.43 Acres

      Loves Park Commercial Land - R4 Zoning

      0.43 Acres, Great Windsor Lake Views
      0 Alpine Rd, Loves Park, IL 61111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      350,000 SF

      Loves Park Industrial Campus

      Manufacturing space, 50,000 - 350,000 SF
      90/I-39 Riverside Blvd, Loves Park, IL 61111
      View Details
    • $5 SF/Yr
      3,000 SF

      Industrial Space Near I-90

      2,800 SF warehouse with office near I-90 interchange.
      4923 Contractors Dr, Loves Park, IL 61111
      View Details
    • $4 SF/Yr
      2,000 SF

      Loves Park Industrial Space

      Industrial space in Loves Park, approximately 2,000 square feet.
      6904-6922 Forest Hills Rd, Loves Park, IL 61111
      View Details
    • $5 SF/Yr
      1,500 SF

      Loves Park Industrial Space

      Small industrial space available September 1, 2025 in Loves Park.
      6924-6930 Forest Hills Rd, Loves Park, IL 61111
      View Details
    • $12 SF/Yr
      9,450 SF

      Lakeview Offices: Loves Park Space

      Modern Offices, Flexible Lease Options
      7116 Windsor Lake Pkwy, Loves Park, IL 61111
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Commercial land available for lease, ground lease, or build-to-suit.
      9572 Forest Hills Rd, Loves Park, IL 61111
      View Details
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    5010 Frst Hls Rd
    Loves Park, IL 61111
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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