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Property profile & analytics
OFF-MARKET
Estimated value
$420,000
Commercial real estate
800 Springfield Rd Taylorville, IL 62568-1214
Entity Owned
15-yr Hold
Free & Clear
Property ID
US28-4079089
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Zoning code
I-2
APN
17-13-22-103-010-00
UPID
US28-4079089
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
$420k
Owner & transaction history
Mec Limited Partnership · 15 yrs held
Mec Limited Partnership
since 2010
7 recorded transactions
Zoning & alternative use
I-2 · Taylorville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
B. I-2 District: The purpose of the I-2 heavy industrial district is to provide for industrial uses not allowed in any other district; providing, that within this district, uses of a hazardous nature or those producing extensive smoke or odor shall not be located so that the general hazard or nuisance affects a large segment of the community. (Ord. 1793, 2-7…
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
769.79 ac
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 Taylorville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taylorville 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$420k
Range $378k – $462k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$25,556
Tax year 2023
Assessed value
$311,312
Assessed 2023
Previous assessed
$269,109
+15.7% YoY
Effective rate
8.21%
On assessed value
Assessed land
$63,754
Assessed improvement
$247,558
Land market value
$191,262
Improvement market value
$742,674
Total market value
$933,936
Applied tax rate
535.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Zoning code
I-2
APN
17-13-22-103-010-00
UPID
US28-4079089
Jurisdiction
CHRISTIAN
Zoning & alternative use
I-2 · Taylorville, ILZoning I-2 · permitted uses
I-2 · Taylorville, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
B. I-2 District: The purpose of the I-2 heavy industrial district is to provide for industrial uses not allowed in any other district; providing, that within this district, uses of a hazardous nature or those producing extensive smoke or odor shall not be located so that the general hazard or nuisance affects a large segment of the community. (Ord. 1793, 2-7-1977)
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
769.79 ac
Current owner
From public records · entity-resolved
Mec Limited Partnership
Entity
Free & Clear · 15 yrs held
Mailing address
190 CRAVENS RD, SPRINGFIELD, IL 62712-6410
Ownership since
2010
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
Jun 2, 2023
—
Mec LP
—
Deed
related
$200,000 · Inb National Association
Mar 28, 2023
—
Mec LP
—
Deed
related
$200,000 · Inbank
Jun 10, 2022
—
Mec LP
—
Deed
related
$37,000 · Inbank
Apr 6, 2020
—
Mec LP
—
Deed
related
$1,800,000 · Inb NA
Sep 15, 2010
—
Mec Limited Partnership
Mary E Coker
Quit Claim Deed
related
—
Jul 2, 2008
—
Mec LP
Mary E Coker
Warranty Deed
—
May 9, 2008
—
Mec L P
Mary E Coker
Warranty Deed
—
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.
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