Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    110 Carlyle Plaza Dr Belleville, IL 62221

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available for lease in Belleville, Illinois.

    Type:Retail
    Added:
    Oct 29, 2019
    Days on Market:
    2363
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 110 Carlyle Plaza Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 110 Carlyle Plaza Dr Contact us

    We can help!

    Listing Contact
    Alex Apter
    Alex Apter

    Listing agent Alex Apter License #MO 2011012066

    Listing office LOCATION Commercial Real Estate

    Listing date Oct 29, 2019

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of LOCATION Commercial Real Estate

    Overview

    Retail Space For Lease

    This retail space is available for lease at 110 Carlyle Plaza Dr in Belleville, IL. It is suitable for commercial real estate purposes.
    Location Intelligence

    Current Use by Public Records

    MoneyGram Bank U.S. Bank ATM Atm O'Reilly Auto Parts Auto Parts Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.956096
    Latitude
    38.514477

    Nearby Similar for Lease

    • $9/mo

      Belleville Office/Warehouse Space Available

      12,340 SF office/warehouse space for lease in Belleville, IL.
      9480 State Rte 15, Belleville, IL
      View Details
    • Contact for pricing

      Belleville Retail Space For Lease

      Retail spaces available in power center near major retailers.
      5701-5875 Belleville Crossing St , Belleville, IL 62226
      View Details
    • $12/mo

      Retail Space with High Visibility

      Retail space available in a high-traffic Belleville location.
      4509-4519 W Main St, Belleville, IL
      View Details
    • $16/mo

      Downtown Belleville Office Space Available

      Office suites available in downtown Belleville near courthouse and amenities.
      15 N 1st St, Belleville, IL
      View Details
    • $16/mo

      Belleville Office Space for Lease

      Professional office suites available with highway visibility and ample parking.
      7650 Magna Dr, Belleville, IL
      View Details
    • Contact for pricing

      Retail Space Near Major Retailers

      Retail space in high-traffic location near Belleville East High School.
      651 Carlyle Ave, Belleville, IL
      View Details
    • $10/mo

      Belleville Flex/Industrial Space Available

      Flex/industrial space available for lease in Belleville, Illinois.
      120-136 Iowa Ave, Belleville, IL
      View Details
    • Contact for pricing

      Office Space For Lease

      800 SF office space with private offices and reception.
      2626 West Blvd, Belleville, IL
      View Details
    • Contact for pricing

      Belleville Investment Property For Sale

      Turn-key investment property in downtown Belleville with income potential.
      1926 W Main St, Belleville, IL
      View Details
    • Contact for pricing

      Former Restaurant Space For Lease

      6,000 SF retail space in high-traffic Belleville corridor.
      5600-5650 Belleville Crossing St, Belleville, IL
      View Details
    • $18/mo

      Office Suite with Conference Rooms

      Office suite featuring conference rooms and a central reception area.
      525 W Main St, Belleville, IL
      View Details
    • Contact for pricing

      Belleville Warehouse with Outdoor Storage

      24,286 SF warehouse with 1+ acre outdoor storage.
      400 West Monroe Street, Belleville, IL, 62220
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for lease in Belleville, Illinois.
    Where is this retail space located?
    The property is located at 110 Carlyle Plaza Dr Belleville, IL.
    What are key features of this property?
    This property features: For Lease
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alex Apter
    Alex Apter
    Real Estate License ID: MO 2011012066
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!