Property profile

506 County Rd 1375th N Albion, IL 62806

OFF-MARKET
Commercial real estate
Property ID
US28-4997953
10 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turn-key opportunity presents a well-established automotive salvage business ideally located on Illinois Route 130, roughly five miles north of Albion, Illinois. The property encompasses ten acres of fenced land boasting over 600 feet of highway frontage, ensuring high visibility and accessibility. The existing buildings comprise a substantial 6,392 square feet of workshop and storage space, perfectly suited for the continued operation of the business. In addition, there is a 1,440 square foot office area with an attached two-car garage, providing ample space for administrative functions and employee needs. The sale includes approximately 300 salvage vehicles, a diverse inventory of engines, transmissions, and various parts, along with a Deutz 7085 tractor equipped with a loader. This comprehensive package offers immediate operational capabilities and significant potential for growth. The property's address is 506 County Rd 1375 N, Albion, IL 62806. The asking price for this mixed-use property is $250,000. This is a rare opportunity to acquire a profitable, established business with significant assets. The property consists of two buildings.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10 ac (435,600 SF)
APN 07-12-100-005
UPID US28-4997953

Cap rate & NOI

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

Location

506 County Rd 1375th N Albion, IL 62806-4162
Albion metro Census 956900
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
3 recorded transactions
2025
$100,000
2018
Price N/A
2012
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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