Property profile

77 Commerce Dr Morton, IL 61550

OFF-MARKET
Flex space
Property ID
US28-5112066
101,807 SF 4.48 ac lot Built 1997
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1997
Total area 101,807 SF
Lot 4.48 ac (195,149 SF)
APN 06-06-16-100-046
UPID US28-5112066

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
  • Industrial Manufacturer Production Facility
  • Big Box & Wholesale Store Furniture & Home Goods

Location

77 Commerce Dr Morton, IL 61550-9197
Morton metro Census 21603 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.94M
Blend (final) Blend
$4.90M

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2011
$1.8M

Zoning & alternative use

Top alternative use upside
Auto repair, garage $6.5M +170.7%
Retail stores $5.6M +133.2%
Warehouse, storage $4.3M +81.9%

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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