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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Commercial real estate
9909 Primrose Edwards, IL 61528-9307
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US28-2472046
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.13 ac (92,783 SF)
APN
13-06-376-015
UPID
US28-2472046
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
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Benedict Developers LLC · 4 yrs held
Benedict Developers LLC
since 2021
Last sale
$949,000
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 Edwards submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edwards 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
$885,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $949k (Jul 30 2021)
Last sale anchor
$949k
Jul 30 2021
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
$21,152
Tax year 2023
Assessed value
$280,390
Assessed 2023
Previous assessed
$234,730
+19.5% YoY
Effective rate
7.54%
On assessed value
Assessed land
$26,670
Assessed improvement
$253,720
Land market value
$80,010
Improvement market value
$761,160
Total market value
$841,170
Applied tax rate
256.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Lot
2.13 ac (92,783 SF)
APN
13-06-376-015
UPID
US28-2472046
Jurisdiction
PEORIA
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
Heating
NONE
Lot
2.13 ac
Current owner
From public records · entity-resolved
Benedict Developers LLC
Entity
Mailing address
1144 MONMOUTH BLVD, GALESBURG, IL 61401-5767
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
$949,000
Benedict Developers LLC
Walter J Zich JR
Warranty Deed
$949,000 · Cbi Bank & Trust
Dec 4, 2020
—
Walter J Zich JR.
—
Deed
related
$736,492 · Heartland Bk
Dec 9, 2019
—
Walter J Zich JR.
—
Deed
related
$251,823 · Heartland Bk
Jul 15, 2019
—
Walter J Zich JR
—
Deed
related
$736,492 · Heartland Bank & Trust Co
Jun 17, 2005
—
Walter J Zich JR.
—
Trustees Deed
related
$709,935 · Associated Bank
—
—
Walterj Zich JR.
—
Loan Modification
related
$600,000 · Busey Bank
—
—
Walter J Zich JR.
—
Loan Modification
related
$251,823 · Heartland Bk
—
—
Walter J Zich JR.
—
Deed Of Trust
related
$1,250,000 · Busey Bank
—
—
Walter J Zich JR.
—
Deed Of Trust
related
$300,000 · Busey Bank
—
—
Walter J Zich JR.
—
Deed Of Trust
related
$639,237 · Busey Bank
—
—
Watler J Zich JR.
—
Deed Of Trust
related
$700,000 · Busey Bank
—
—
Watler J Zich JR.
—
Deed Of Trust
related
$415,000 · Busey Bank
—
—
Walter J Zich JR.
—
Loan Modification
related
$736,492 · Heartland Bk
—
—
Walter J Zich JR.
—
Deed Of Trust
related
$703,491 · Associated Bank
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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