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Property profile & analytics
FOR LEASE
Office buildings
5130 Hickory Point Frontage Rd, Decatur, IL 62526
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US28-4593613
For Lease
1 / 2
$700/Mo
5130 Hickory Point Frontage Rd, Decatur, IL 62526
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
1.12 ac (48,787 SF)
Zoning code
MUNICIPAL
APN
07-07-23-301-008
UPID
US28-4593613
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mortgage Services III LLC Loan Service Bank
-
Cochran Engineering Land Surveyor
-
Central Illinois Neuropsychological Services Physician Medical Clinic
-
Farmers Insurance - Jeffrey Spurling Insurance Agency
-
Greater Decatur Black Chamber Of Commerce Business Service Center Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
C & G Rentals LLC · 5 yrs held
C & G Rentals LLC
since 2020
Last sale
$360,000
7 recorded transactions
Zoning & alternative use
MUNICIPAL · Decatur, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,626
Tax year 2023
Assessed value
$141,209
Assessed 2023
Previous assessed
$130,966
+7.8% YoY
Effective rate
9.65%
On assessed value
Assessed land
$52,483
Assessed improvement
$88,726
Land market value
$157,465
Improvement market value
$266,205
Total market value
$423,670
Applied tax rate
7,299.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Lot
1.12 ac (48,787 SF)
Zoning code
MUNICIPAL
APN
07-07-23-301-008
UPID
US28-4593613
Jurisdiction
MACON
Zoning & alternative use
MUNICIPAL · Decatur, IL
Zoning MUNICIPAL · permitted uses
MUNICIPAL · Decatur, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Lot
1.12 ac
Current owner
From public records · entity-resolved
C & G Rentals LLC
Entity
Mailing address
13462 SAWYER RD, MAROA, IL 61756-9097
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2022
—
C & G Rentals LLC
—
Deed
related
$580,000 · First Mid Illinois Bk & Tr NA
Oct 13, 2020
$360,000
C & G Rentals LLC
Christina Ly
Warranty Deed
$485,000 · First Mid Illinois Bk & Tr NA
Oct 7, 2019
—
Christina Ly
Ly Trust
Quit Claim Deed
related
—
Apr 12, 2019
—
Christina Ly
Christina Ly
Quit Claim Deed
related
—
May 7, 2018
—
Ly Trust
Christina Ly
Quit Claim Deed
related
—
Jan 3, 2018
$383,500
Christina Ly
R&c Real Estate Of Decatur LLC
Deed
$500,000 · First Mid Illinois Bk & Tr NA
Jul 19, 2006
—
R & C Real Estate Of Decatur LLC
Toby LLC
Warranty Deed
$752,599 · Hickory Point Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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