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    Keller Williams Marquee

    1254 University Drive, Ste 200, Edwardsville, IL 62025
    (618) 307-5616
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    Illinois

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    Property Types

    • Residential Multi Family
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    • Commercial Sale
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    For Sale (17)

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    Granite City Land Opportunity
    Contact for pricing
    0.36 Acres

    Granite City Land Opportunity

    Residential/commercial lot with utilities available in Granite City, IL.

    2538 Washington Ave, Granite City, IL 62040
    View details
    Roxana Duplex Investment Opportunity
    $69,900
    1,886 SF

    Roxana Duplex Investment Opportunity

    Duplex in Roxana, Illinois, ideal for investors.

    516 N Old Edwardsville Rd, Roxana, IL 62084
    View details
    Two Homes on One Parcel
    $70,000
    1,690 SF

    Two Homes on One Parcel

    Investor special: two homes on one parcel in East St. Louis.

    443 Chaudet Ave, East St Louis, IL 62206
    View details
    Residential Land in Belleville, IL
    Contact for pricing
    0.14 Acres

    Residential Land in Belleville, IL

    Vacant residential land available in Belleville, Illinois.

    507 N 37Th St, Belleville, IL 62226
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    Expansive Land in Florissant, MO
    $70,000
    4.36 Acres

    Expansive Land in Florissant, MO

    4.36-acre lot in a growing Florissant neighborhood.

    12223 Fontaine Ln, Florissant, MO 63138
    View details
    Residential Lot in East St. Louis
    Contact for pricing
    0.15 Acres

    Residential Lot in East St. Louis

    Residential lot with potential in East St. Louis, Illinois.

    601 N 13Th St, East St Louis, IL 62205
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    Residential Lot in Whispering Oaks
    Contact for pricing
    0.41 Acres

    Residential Lot in Whispering Oaks

    Vacant lot in established Bethalto subdivision, near St. Louis.

    Birch St, Bethalto, IL 62010
    View details
    O'Fallon Commercial Building For Sale
    $285,000
    1,120 SF

    O'Fallon Commercial Building For Sale

    Iconic building on Highway 50, near schools and I-64.

    406 Highway 50 W, O Fallon, IL 62269
    View details
    Residential Land in Lakeside Terrace
    $35,900

    Residential Land in Lakeside Terrace

    Residential lot in Staunton's Lakeside Terrace, ideal for building.

    18415 Oxford Rd, Staunton, IL 62088
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    Vacant Land Along Route 15
    $170,000
    12.22 Acres

    Vacant Land Along Route 15

    12.22 acres of vacant land with many possibilities.

    8100 Excellence Pl, Belleville, IL 62223
    View details
    East Alton Commercial Building Sale
    $60,000
    2,100 SF

    East Alton Commercial Building Sale

    Commercial building suitable for various businesses in centralized location.

    25 S 9Th St, East Alton, IL 62024
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    Buildable Corner Lot in Granite
    Contact for pricing
    0.36 Acres

    Buildable Corner Lot in Granite

    Over a third acre corner lot with available utilities.

    2830 Cayuga St, Granite City, IL 62040
    View details
    Granite City Commercial Opportunity
    $60,000
    1,264 SF

    Granite City Commercial Opportunity

    Well-maintained commercial building suitable for office, salon, or storage.

    2301 State St, Granite City, IL 62040
    View details
    St. Louis Four-Family Brick Building
    $210,000
    3,234 SF

    St. Louis Four-Family Brick Building

    Four-unit building with income potential in St. Louis, MO.

    5507 Virginia Ave St, Louis, MO 63111
    View details
    East St. Louis Mixed-Use Opportunity
    $79,900
    7,784 SF

    East St. Louis Mixed-Use Opportunity

    Versatile property in East St. Louis ready for redevelopment.

    2402 Tudor Ave, East St Louis, IL 62207
    View details
    Stonewolf Subdivision Wooded Homesite
    $39,900
    1.04 Acres

    Stonewolf Subdivision Wooded Homesite

    One-acre wooded lot in Stonewolf Subdivision.

    1078 Blackwolf Ct, Fairview Heights, IL 62208
    View details
    Buildable Lot in Granite City
    Contact for pricing
    0.13 Acres

    Buildable Lot in Granite City

    Affordable lot for a future home or investment project.

    2815 Harding Ave, Granite City, IL 62040
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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