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    OFF-MARKET
    Commercial real estate

    527 Dakota St, Spring Valley, IL 61362-1707

    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US28-4329342
    Property summary
    AI-generated overview

    This exceptional 1,560-square-foot warehouse in Spring Valley, Illinois, presents a compelling investment opportunity. Situated on a substantial 10,168-square-foot corner lot directly on Route 6, this property boasts excellent visibility and accessibility. The building features three drive-through bays, ideal for various commercial uses. Most garage doors have been replaced within the last three years, ensuring functionality and longevity. All bays offer 11-foot ceilings, with two measuring 15 feet wide by 25 feet deep, and one measuring 14 feet wide by 25 feet deep. Each bay includes a convenient floor drain. The warehouse benefits from recently updated electrical systems, including 400-amp service. Adding to its versatility, the property includes a 19-foot by 14-foot office space and a bathroom. Located at 527 W Dakota Street, Spring Valley, IL 61362, this property offers significant potential for a wide range of commercial enterprises. The combination of its strategic location, updated infrastructure, and versatile layout makes this an attractive proposition for discerning investors seeking a strong return on investment. The property is zoned for commercial use and is ready for immediate occupancy.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 18-34-401-001
    UPID US28-4329342
    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
    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
    Jose A Magallanescarlos · 3 yrs held
    Jose A Magallanescarlos
    since 2023
    Last sale
    $150,000
    3 recorded transactions
    2023
    $150,000
    2022
    $40,000
    2011
    $30,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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