12101 Thorps RdClinton, IL 61727

Property Details for 12101 Thorps Rd

Lot size

31.32 AC

Property type

Commercial real estate

APN

08-06-300-005

APU

806300005

Description

This exceptional industrial property in Clinton, Illinois, presents a unique investment opportunity. The offering encompasses approximately 103,334 square feet of space situated on roughly 25 acres of land. The property includes a mix of building types, featuring approximately 16,656 square feet of office space and 84,098 square feet of warehouse space distributed across seven buildings. A notable feature is a 2,580-square-foot greenhouse equipped with a Micro-Grow system. Construction dates range from 1963 to 2013, with many structures built from 2008 onward, indicating a blend of established and more recent construction. The property boasts a combination of traditional steel-constructed warehouse space, well-finished office areas, refrigerated and insulated storage solutions. The property is zoned for agricultural use and features one loading dock. Previously utilized as a seed research facility by Syngenta Seeds, this property offers significant potential for various industrial or agricultural uses. The sale includes the buildings and land as described, excluding five buildings and approximately 6.5 acres retained by Syngenta. All square footages and lot sizes are approximate. The asking price is $2,690,000, translating to approximately $26.03 per square foot. The property's APN is 08-06-300-005. This is a single-story structure.

• CAP approach

  CAP return

  Valuation

  6%

  $279,186,000

  6.5%

  $257,710,000

  7%

  $239,302,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $138,508,000

  Geo Method

  $177,700,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $523,578,000

  Retail / Commercial

  $265,316,000

  Mixed-Use / Specialty

  $261,870,000

  Hospitality / Lodging

  $188,870,000

  Office

  $257,710,000

  Institutional / Educational

  $271,345,000

  Residential Income

  $317,474,000

  Multifamily

  $394,621,000

  Automotive / Energy

  $232,582,000

  Parking / Income-Based Land

  $82,731,100

  Restaurant / Food Service

  $130,865,000

  Healthcare / Senior Housing

  $271,106,000

Location Insight

City

Clinton

County

De Witt

State

Illinois

Latitude

40.216

Longitude

-88.9133

Property Tax & Assessments

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