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Property profile & analytics
OFF-MARKET
Estimated value
$6,860,000
Commercial real estate
Klenke Ln New Douglas, IL 62074
Entity Owned
4-yr Hold
Free & Clear
Property ID
US28-3340934
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2012
Lot
12.4 ac (540,144 SF)
APN
04-1-06-33-00-000-003
UPID
US28-3340934
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
$7.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.86M
Owner & transaction history
Top Ag Cooperative INC · 4 yrs held
Top Ag Cooperative INC
since 2021
Last sale
$6.8M
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 New Douglas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Douglas 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
$6,985,000
ML approach
$7,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.86M
Range $6.17M – $7.55M · ±10% · vs last sale $6.80M (Jul 16 2021)
Last sale anchor
$6.80M
Jul 16 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 2022Property tax & assessments
Tax year 2022
Tax billed
$80,296
Tax year 2022
Assessed value
$1,108,850
Assessed 2022
Previous assessed
$1,108,850
+0.0% YoY
Effective rate
7.24%
On assessed value
Assessed land
$23,940
Assessed improvement
$1,084,910
Land market value
$71,892
Improvement market value
$3,257,988
Total market value
$3,329,880
Applied tax rate
19.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2012
Heating
NONE
Lot
12.4 ac (540,144 SF)
APN
04-1-06-33-00-000-003
UPID
US28-3340934
Jurisdiction
MADISON
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
2012
Heating
NONE
Lot
12.4 ac
Current owner
From public records · entity-resolved
Top Ag Cooperative INC
Entity
Free & Clear · 4 yrs held
Mailing address
702 ELEVATOR, OKAWVILLE, IL 62271
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2021
—
Top Ag Cooperative INC
—
Deed
related
$140,000,000 · Cobank Acb
Jul 16, 2021
$6,800,000
Top Ag Cooperative INC
Oberbeck Grain Co
Special Warranty Deed
—
Oct 2, 2020
—
Oberbeck Grain Co
—
Deed
related
$2,000,000 · First Mid Bk&tr NA
Dec 4, 2019
—
Oberick Grain Co
—
Loan Modification
related
$4,998,904 · First Mid Bk&tr NA
Nov 20, 2018
—
Oberbeck Grain Co
—
Loan Modification
related
$12,200,000 · First Mid Bk&tr NA
Jul 20, 2017
—
Oberbeck Grain Co
—
Loan Modification
related
$12,200,000 · First Mid Il Bk&tr
Oct 18, 2016
—
Oberbeck Grain Co
—
Deed
related
$9,395,000 · First Mid Il Bk&tr
May 23, 2012
$90,000
Oberbeck Grain Co
Richter Norman G Trust
Grant Deed
—
Dec 12, 2011
—
Oberbeck Grain Co
—
Deed Of Trust
related
$9,350,000 · First Mid Illinois Bk & Tr NA
Mar 24, 2011
—
Oberbeck Grain Co
Richter Norman G Trust
Grant Deed
—
Oct 4, 2010
—
Richter Norman G Trust
Heberer,robert D
Warranty Deed
—
Dec 31, 2003
—
Oberbeck Feed Co
—
Deed Of Trust
related
$2,500,000 · Bradford National Bank
Dec 10, 2002
—
Oberbeck Feed Co
Oberbeck Feed Co
Quit Claim Deed
related
$250,000 · Bradford National Bank
—
—
Oberbeck Grain Co
—
Loan Modification
related
$2,314,433 · First Mid Il Bk&tr
—
—
Oberbeck Grain Co
—
Loan Modification
related
$9,935,000 · First Mid Il Bk&tr
—
—
Oberbeck Grain Co
—
Loan Modification
related
$9,395,000 · First Mid Il Bk&tr
—
—
Oberbeck Grain Co
—
Loan Modification
related
$9,395,000 · First Mid Illinois Bk & Tr NA
—
—
Oberbeck Feed Co
—
Deed Of Trust
related
$850,000 · Bradford National Bank
—
—
Oberbeck Grain Co
—
Loan Modification
related
$2,000,000 · First Mid Bk&tr NA
—
—
Oberbeck Grain Co
—
Deed Of Trust
related
$3,000,000 · First Mid Illinois Bk & Tr NA
—
—
Oberbeck Grain Co
—
Loan Modification
related
—
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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