New search
Property profile & analytics
OFF-MARKET
Estimated value
$21,470,000
Industrial properties
Big Bnd Rd, Lovejoy, IL 62059
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-5183861
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2010
Lot
4.45 ac (193,842 SF)
APN
01-01-0-200-011
UPID
US28-5183861
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
$21.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.47M
Owner & transaction history
Bruce Oakley INC · 1 yrs held
Bruce Oakley INC
since 2024
Last sale
$21.5M
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 Lovejoy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lovejoy 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
$21,470,000
ML approach
$21,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$21.47M
Range $19.32M – $23.62M · ±10% · vs last sale $21.47M (Sep 11 2024)
Last sale anchor
$21.47M
Sep 11 2024
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
$35,205
Tax year 2023
Assessed value
$215,519
Assessed 2023
Previous assessed
$215,519
+0.0% YoY
Effective rate
16.33%
On assessed value
Assessed land
$17,563
Assessed improvement
$197,956
Land market value
$52,689
Improvement market value
$593,868
Total market value
$646,557
Applied tax rate
13,034.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2010
Heating
NONE
Lot
4.45 ac (193,842 SF)
APN
01-01-0-200-011
UPID
US28-5183861
Jurisdiction
ST CLAIR
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
Year built
2010
Heating
NONE
Lot
4.45 ac
Current owner
From public records · entity-resolved
Bruce Oakley INC
Entity
Free & Clear · 1 yrs held
Mailing address
3400 GRIBBLE ST STE #190, NORTH LITTLE ROCK, AR 72114-6406
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
42 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2024
$21,470,000
Bruce Oakley INC
Fallin Properties LLC
Special Warranty Deed
—
Oct 19, 2023
—
Fallin Properties LLC
—
Deed
related
$6,000,000 · Central Trust Bank
Aug 11, 2023
—
Fallin Properties LLC
—
Deed
related
$6,000,000 · Central Trust Bank
Nov 28, 2022
—
Fallin Properties LLC
—
Deed
related
$970,000 · Fallin Properties LLC
Jun 16, 2022
—
Fallin Properties LLC
—
Deed
related
$6,000,000 · Central Trust Bank
Aug 19, 2021
—
Allin Proeprties LLC
—
Deed
related
$1,625,950 · Central Bank Of St Louis
Aug 3, 2021
—
Fallin Properties LLC I
—
Deed
related
$1,300,000 · Central Bank Of St Louis
Jul 6, 2021
—
Fallin Properties LLC
—
Deed
related
$1,664,000 · St Charles County Economic Development C
Feb 22, 2021
—
Fallin Properties LLC
—
Deed
related
$1,625,950 · Central Bank Of St Louis
Mar 6, 2020
—
Fallin Properties LLC
—
Deed
related
$1,421,945 · Central Bk/st Louis
Feb 28, 2020
—
Fallin Properties LLC
—
Deed Of Trust
related
$1,625,950 · Central Bk/st Louis
Nov 21, 2019
—
Fallin Properties LLC
—
Deed
related
$1,000,000 · Central Bk/st Louis
Aug 23, 2019
—
Fallin Properties LLC
—
Deed
related
$100,000 · Central Bk/st Louis
Aug 22, 2019
—
Fallin Properties LLC
—
Deed
related
$2,215,749 · Central Bk/st Louis
Jun 10, 2019
—
Fallin Properties LLC
—
Deed
related
$2,300,000 · Central Bk/st Louis
Aug 28, 2018
—
Fallin Properties LLC
—
Grant Deed
related
$1,000,000 · Central Bk/st Louis
Aug 23, 2018
—
Fallin Properties LLC
—
Trustees Deed
related
$1,000,000 · Central Bk/st Louis
Oct 31, 2017
—
Fallin Properties LLC
—
Deed
related
$4,300,000 · Central Bk/st Louis
Sep 28, 2017
—
Fallin Properties LLC
—
Deed
related
$2,300,000 · Central Bk/st Louis
Jun 21, 2017
—
Fallin Properties LLC
—
Deed
related
$970,000 · Central Bk/st Louis
Jun 9, 2017
—
Fallin Properties LLC
—
Grant Deed
related
$1,300,000 · Central Bk/st Louis
May 15, 2017
—
Fallin Properties LLC
—
Deed Of Trust
related
$1,300,000 · Central Bk/st Louis
Feb 24, 2017
—
Fallin Properties LLC
—
Deed
related
$970,000 · Central Bk/st Louis
Apr 23, 2013
—
Fallin Properties LLC
—
Loan Modification
related
$6,000,000 · First Nat'l Bk/ok Ponca Cty
Mar 8, 2010
—
Fallin Properties LLC
—
Deed Of Trust
related
$2,550,000 · First Nat'l Bk/st Louis
Jul 11, 2007
—
Fallin Properties LLC
—
Trustees Deed
related
$1,000,000 · Southwest Bank Of St Louis
Aug 25, 2006
$50,000
Fallin Properties LLC
Packers-by-products INC
Warranty Deed
—
Aug 25, 2006
—
Fallin Properties LLC
Packers-by-products INC
Quit Claim Deed
related
$460,000 · Southwest Bank Of St Louis
Feb 18, 2005
—
Packers By-products INC
Packers By-products
Quit Claim Deed
related
—
—
—
Fallin Properties LLC
—
Loan Modification
related
$2,300,000 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$970,000 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$4,300,000 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$970,000 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$3,500,000 · First Nat'l Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$1,421,945 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Deed Of Trust
related
$970,000 · First Nat'l Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$2,550,000 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$1,000,000 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$2,215,749 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification, Consolidation And Extension
related
$100,000 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$4,229,969 · Central Bk/st Louis
—
—
Fallin Properties LLC
—
Loan Modification
related
$2,300,000 · Central Bk/st Louis
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Big Bnd Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
