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Property profile & analytics
OFF-MARKET
Estimated value
$3,850,000
Industrial properties
701 6th St, Galesburg, IL 61401-5903
Entity Owned
1-yr Hold
Property ID
US28-2848365
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
APN
99-22-102-005
UPID
US28-2848365
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
-
Innovative Production USA Food Processing Plant Factory
-
J Rettenmaier USA LP Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.85M
Owner & transaction history
Re Proman LLC · 1 yrs held
Re Proman LLC
since 2025
Last sale
$3.8M
6 recorded transactions
Zoning & alternative use
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 Galesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galesburg 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
$22,550
Tax year 2023
Assessed value
$237,600
Assessed 2023
Previous assessed
$237,600
+0.0% YoY
Effective rate
9.49%
On assessed value
Assessed land
$27,500
Assessed improvement
$210,100
Land market value
$82,500
Improvement market value
$630,300
Total market value
$712,800
Applied tax rate
36.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
APN
99-22-102-005
UPID
US28-2848365
Jurisdiction
KNOX
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Re Proman LLC
Entity
Mailing address
300 W TOWER RD, NORTH SIOUX CITY, SD 57049-5056
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
$3,848,500
Re Proman LLC
Ipreh LLC
Special Warranty Deed
$10,000,000 · Fpcd Sub Cde 26
Feb 5, 2021
—
Ipreh LLC
—
Deed
related
$1,847,868 · Farmers & Mechanics Bank
Apr 27, 2020
$720,000
Ipreh LLC
J Rettenmaier USA LP
Special Warranty Deed
$1,508,047 · Farmers & Mechanics Bank
Jan 15, 2015
$500,000
Canadian Harvest LP
Sunopta Grains & Foods INC
Grant Deed
—
—
—
Sunopta Ingredients INC
—
Loan Modification
related
$145,000 · Bank Of Montreal
—
—
Sunopta Ingredients INC
—
Loan Modification
related
$174,810,270 · Bank Of Montreal
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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