1002 Commercial DrMahomet, IL 61853

  • Strip malls
  • 3,162 SF
Off market
$119,750 Estimated

Property Details for 1002 Commercial Dr

Property size (Sq ft)
3,162 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
151314313011
APU
151314313011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,493,780
    6.5%
    $1,378,874
    7%
    $1,280,383
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,037,863
    Geo Method
    $1,037,863
  • Alternative Use

    Use
    Valuation
    Residential
    $1,163,132
    Hospitality
    $1,065,422
    Educational
    $886,419
    Medical
    $916,904
    Retail
    $1,378,874

Location Insight

City
Mahomet
County
Champaign
State
Illinois
Latitude
40.1859
Longitude
-88.3795
CBSA code
16580
CBSA name
CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,478
$40,760
$78,990
$119,750
-
$122,280
$236,970
$359,250

FAQs

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