Property profile

505 Locust St Delavan, IL 61734

OFF-MARKET
Commercial land
Property ID
US28-1661757
9,728 SF 0.56 ac lot Built 1969
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1969
Total area 9,728 SF
Lot 0.56 ac (24,394 SF)
APN 21-21-09-403-004
UPID US28-1661757

Cap rate & NOI

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

Location

505 Locust St Delavan, IL 61734-9225
Delavan metro Census 21900 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$834k
Blend (final) Blend
$880k

Owner & transaction history

since 2019
7 recorded transactions
2019
$50,000
2019
Price N/A
2014
$20,000
2012
$130,000
2008
$80,000
2007
Price N/A
2006
$325,500

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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