3085 Kandy LnDecatur, IL 62526

Property Details for 3085 Kandy Ln

Lot size

0.25 AC

Zone code

MUNICIPAL

Property type

Office buildings

APN

07-07-36-352-015

APU

70736352015

Description

This exceptional 1,650-square-foot free-standing office building, located just north of East Pershing Road, presents a unique opportunity. Built in 1977 and extensively renovated in 2023, this single-tenant property boasts a fresh coat of paint and a brand new roof. The building sits on a partially fenced lot with concrete parking. Currently offering a $25,000 improvement allowance, this is a Build-to-Suit opportunity, allowing you to customize the interior to perfectly match your business needs. The flexible floor plan provides a blank canvas for your ideal workspace. The property is zoned M-1 and features a single story design. The Assessor's Parcel Number (APN) is 07-07-36-352-015. This is an excellent chance to secure a modern, well-maintained office space tailored to your specific requirements in a convenient location. Don't miss this chance to create your perfect office environment. Inquire today to learn more about leasing qualifications.

• CAP approach

  CAP return

  Valuation

  6%

  $2,856,143

  6.5%

  $2,636,440

  7%

  $2,448,123

• Comparable approach

  Method

  Valuation

  Relative Method

  $857,560

  Geo Method

  $857,560

• Alternative Use

  Use

  Valuation

  Residential

  $3,269,186

  Hospitality

  $2,994,556

  Educational

  $2,491,436

  Medical

  $2,577,120

  Retail

  $3,875,567

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8786

Longitude

-88.9341

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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