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    Union St Lebanon, IL 62254

    • Commercial real estate
    • 0.25 lot acres
    For Sale
    View listing
    $325,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Union St

    Year built
    2023
    Lot size
    0.25 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property presents a unique opportunity for businesses seeking high visibility and significant daily traffic exposure. Located at 0 Union Street in Lebanon, Illinois, this 0.25-acre lot boasts 100 feet of frontage along Route 4, a major thoroughfare experiencing an average daily traffic count of 14,800 vehicles. The property's strategic location ensures maximum brand exposure and accessibility for potential customers. The lot is currently a gravel surface, providing a blank canvas for development tailored to specific business needs. Existing infrastructure includes four light poles and readily available electricity, simplifying the setup process for new construction or site improvements. This prime location offers unparalleled potential for a diverse range of commercial ventures, from retail establishments and restaurants to service businesses and professional offices. The high traffic volume and excellent visibility make this a truly exceptional investment opportunity in a thriving community. The asking price is $325,000. Don't miss this chance to secure a prominent location in a high-traffic area. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    St Clair-IL
    State
    Illinois
    Longitude
    -89.8077
    Latitude
    38.5978

    Comparable in this City

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      705 Fritz St

      COMMERCIAL (GENERAL) • 0.17 Acres
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      702 Madison St

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      1.03 Acres

      1100 Starlifter Dr

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    Union St
    Lebanon, IL 62254
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    Realmo Value Estimation

    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.

    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.

    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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