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    Property profile & analytics

    610 Ross Ln Danville, IL 61834-5136

    • Industrial properties
    • 17.60 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US28-3355221
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 610 Ross Ln

    Lot size
    17.60 lot acres
    Property type
    Industrial properties
    APN
    23-30-200-001
    APU
    2330200001

    Description

    This exceptional 17.6-acre industrial property in Danville, Illinois, presents a unique investment opportunity. The site boasts a 138,500-square-foot building, classified as Class C and constructed in 1950, offering ample space for various industrial uses. The property includes a 130,000-square-foot former fertilizer storage building, two 1-million-gallon fertilizer tanks, a 1,300-square-foot office, and a 7,200-square-foot workshop. Three rail lines run alongside the storage building, providing convenient and efficient transportation access, currently leased through January 2027. The property is zoned Commercial Industrial (APN: 23 30 200 001) and is situated less than two miles from Interstate 74's Tilton exit in Vermilion County, offering excellent access to major transportation routes. Nearby businesses include Lebanon Seaboard, R&L Carriers, XPO Freight, Toyota of Danville, and others, indicating a strong industrial presence in the area. The potential for a truck scale further enhances the property's functionality. This versatile property is ideal for manufacturing, warehousing, or distribution businesses seeking a strategic location with significant existing infrastructure. The property's size and features make it a rare find in the Danville market. The asking price is subject to offer.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $260,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $245,000
      Mixed-Use
      $285,000
      Hospitality
      $270,000
      Educational
      $265,000
      Residential Income
      $260,000
      Energy
      $295,000
      Income-Based Land
      $265,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.6485
    Latitude
    40.0853
    CBSA code
    19180
    CBSA name
    DANVILLE, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,495
    $11,212
    $72,292
    $83,504
    -
    $33,636
    $216,876
    $250,512

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    610 Ross Ln
    Danville, IL 61834-5136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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