Technical
Financial
Distress signals
Property profile

502 Marketview Dr Champaign, IL 61822

OFF-MARKET
Motels
Property ID
US28-5915615
3.19 ac lot
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Lot 3.19 ac (138,956 SF)
APN 412001126044
UPID US28-5915615

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Parking Lot & Garage

Location

502 Marketview Dr Champaign, IL 61822-1391
Champaign metro Census 800 CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2011
7 recorded transactions
2013
Price N/A
2011
$750,000
2010
Price N/A
2007
$650,000
2005
Price N/A
2004
Price N/A
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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