851 Doner Dr South Beloit, IL 61080-2199
- Industrial properties
- 9,363 SF
- 0.89 lot acres
Current Use by Public Records
- Walnut Creek Hardwood, Inc / Taxidermist / Hunting Club
- Done Apartments / Apartment Building
Property Details for 851 Doner Dr
- Year built
- 1989
- Lot size
- 0.89 lot acres
- Property size
- 9,363 SF
- Zone code
- IL
- Property type
- Industrial properties
- APN
- 04-06-478-001
- APU
- 406478001
Description
This exceptional commercial property, located at 851 Doner Drive in South Beloit, Illinois, presents a unique investment opportunity. Spanning 9,363 square feet on a 0.89-acre lot, this versatile building offers a diverse range of spaces ideal for various business needs. The property features a prominent showroom/storefront area, perfect for customer interaction and product display. Ample office space provides a professional environment for administrative tasks, while dedicated work and paint areas cater to specific operational requirements. Extensive storage space is available throughout the building, enhanced by a convenient lift providing access to second-floor storage. This upper level also includes a small living space equipped with a kitchen and bathroom, offering potential for on-site management or additional workspace. Four overhead doors facilitate efficient loading and unloading, complemented by three-phase electric service. The building is topped with a durable metal roof. Situated in Winnebago County, zip code 61080, this property benefits from its location and the limited availability of comparable commercial spaces in the area. This is a rare opportunity to acquire a substantial and adaptable commercial building in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $310,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $360,000
- Mixed-Use
- $350,000
- Hospitality
- $320,000
- Educational
- $345,000
- Residential Income
- $310,000
- Energy
- $380,000
- Income-Based Land
- $340,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- South Beloit
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0432
- Latitude
- 42.4863
- CBSA code
- 40420
- CBSA name
- ROCKFORD, IL METROPOLITAN STATISTICAL AREA
