New search
Property profile & analytics
OFF-MARKET
Research & development properties
721 Sabrina Dr, East Peoria, IL 61611-3578
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1612020
Property profile
Verified
Property type
Research & development properties
Use group
DUMP SITE
Year built
1999
Total area
11,906 SF
Lot
2.24 ac (97,574 SF)
APN
05-05-03-300-020
UPID
US28-1612020
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
Dixie Venture INC · 8 yrs held
Dixie Venture INC
since 2017
7 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 East Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Peoria 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
$13,212
Tax year 2023
Assessed value
$136,780
Assessed 2023
Previous assessed
$136,780
+0.0% YoY
Effective rate
9.66%
On assessed value
Assessed land
$24,910
Assessed improvement
$111,870
Land market value
$74,730
Improvement market value
$335,610
Total market value
$410,340
Applied tax rate
5,010.0000
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
Research & development properties
Use group
DUMP SITE
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
11,906 SF
Lot
2.24 ac (97,574 SF)
APN
05-05-03-300-020
UPID
US28-1612020
Jurisdiction
TAZEWELL
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
Year built
1999
Heating
NONE
Stories
1
Lot
2.24 ac
Current owner
From public records · entity-resolved
Dixie Venture INC
Entity
Mailing address
6000 W WAR MEMORIAL DR, PEORIA, IL 61615-9256
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Sep 5, 2017
—
Dixie Venture INC
—
Deed
related
$1,000,000 · Bank Of Farmington
Nov 15, 2011
—
Dixie Venture INC
—
Trustees Deed
related
$750,000 · Heritage Bk/ctrl Il
—
—
Dixie Venture INC
—
Loan Modification
related
—
—
—
Dixie Venture INC
—
Deed Of Trust
related
$650,000 · Heritage Bank Central Illinois
—
—
Charles E Weaver
—
Deed Of Trust
related
$750,000 · Heritage Bank Central Illinois
—
—
Dixie Venture INC
—
Loan Modification
related
—
—
—
Dixie Venture INC
—
Deed Of Trust
related
$1,000,000 · Bank Of Farmington
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 721 Sabrina Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
