Property profile

7250 2000th Ave Annapolis, IL 62413

OFF-MARKET
Commercial real estate
Property ID
US28-3833411
1.73 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This expansive 127,631 square foot office building in Annapolis, Illinois, presents a unique investment opportunity at an asking price of $150,000. Situated on approximately three acres at 7250 E 2000th Ave, zip code 62413, the property boasts significant under-roof storage space exceeding 12,000 square feet. The property includes a substantial heated automotive/equipment repair shop, fully equipped with motor hoists, three-phase electric service, an air compressor, a designated welding area, ample workbenches, and convenient bathroom, breakroom, and office space. The expansive parking area easily accommodates buses, semi-trucks, trailers, and construction equipment. The property was formerly used as a fertilizer facility; however, the current owners are actively removing existing hoppers, bins, and storage containers to prepare the space for a new owner's intended use. This presents a blank canvas for a variety of commercial ventures, capitalizing on the existing infrastructure and substantial square footage. The property's location in Annapolis, Illinois, offers easy access to key transportation routes. This is a rare opportunity to acquire a large-scale commercial property at a highly competitive price.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.73 ac (75,359 SF)
APN 02-0-12-000-009-000
UPID US28-3833411

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Agricultural Supply

Location

7250 2000th Ave Annapolis, IL 62413-2720
Annapolis metro Census 880100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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