Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2510 College Ave Alton, IL 62002

FOR SALE
Other commercial real estate
Property ID
US28-1207663
3,900 SF 0.46 ac lot
Last sale Nov 2024 · $48,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-level brick storefront building configured for storefront-oriented commercial use. It includes central air conditioning and forced-air heating, and it is served by public water. The building is located near neighborhood amenities including shops and schools, as well as a nearby hospital and the SIUE Dental School. The primary physical characteristics for evaluation include the two-level storefront configuration and the installed heating and cooling systems.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value$29k
Assessed land$4k
Assessed improvement$25k
Effective rate8.77%

Value estimate

· Nov 2026
$155k
$140k – $171k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$1k
Operating expenses−$16k
NOI · 21.56% cap applied$38k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
ZIP average, outlier-cleaned · 138 recorded sales of this use type
Observed band · Q1–Q3$37 – $139
Qualifying comparables22

Cap rate analysis

How does the asset earn?
21.56%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.2
HVAC Service11.1
Parking Facility11.1

Location

2510 College Ave Alton, IL 62002
County assessor Recorded deeds · 1 transfer 22 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2400 Broadway, Alton, IL 62002-1763 $150,000 May 2025 5,205 SF
901 Brown, Alton, IL 62002-2706 $72,500 May 2025 2,496 SF
2712 Cor, Alton, IL 62002-5328 $646,000 May 2025 4,800 SF
235 Ctr, Alton, IL 62002-5931 $550,000 May 2025 4,531 SF
2708 Cor, Alton, IL 62002-5328 $646,000 Feb 2025 4,800 SF
617 Broadway, Alton, IL 62002-6306 $391,500 Nov 2024 2,709 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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