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Property profile & analytics
OFF-MARKET Estimated value $250,000
Commercial real estate

Vandeveer 8th Morrisonville, IL 62546

1 ac lot
Entity Owned Free & Clear
Property ID
US28-4383760
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1 ac (43,560 SF)
Zoning code I-2
APN 13-22-08-131-001-00
UPID US28-4383760
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
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
LOUIS MARSCH INC
LOUIS MARSCH INC
Zoning & alternative use
I-2 · Morrisonville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Heavy Industrial I-2 1 acres Flood Plain Overlay 0-FP None [NOTE: Currently the Villages of Harvel, Owaneco, Morrisonville and Jeiseyville are zoned by the County.] 1-3-2 BOUNDARIES OF DISTRICTS. (A) The boundaries of the districts are hereby established as shown upon the Zoning Maps of Christian County, and the Villages of Harvel, Owaneco, Morrisonville and…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 6.33 ac
Source Revised Code
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