Realmo Analytics

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

Property profile

1602 Pontoon Rd Granite City, IL 62040

FOR SALE
Office Spaces
Property ID
US28-0222373
2,464 SF 0.23 ac lot Built 2007
Last sale Apr 2024 · $176,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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 · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$69k
Assessed land$15k
Assessed improvement$54k
Effective rate9.52%

Value estimate

· Nov 2026
$175k
$158k – $193k
AI approach$175k
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$7k
Operating expenses−$13k
NOI · 17.74% cap applied$39k

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 150 recorded sales of this use type
Observed band · Q1–Q3$36 – $184
Qualifying comparables26

Cap rate analysis

How does the asset earn?
17.74%
$39k 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 agency19.7
Spa & Massage12.3
Parking Facility12.1

Location

1602 Pontoon Rd Granite City, IL 62040
County assessor Recorded deeds · 2 transfers 26 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1820 Delmar, Granite City, IL 62040-4507 $140,000 Oct 2024 1,902 SF
1907 Johnson, Granite City, IL 62040-3990 $108,000 Jan 2024 2,036 SF
2118 Washington, Granite City, IL 62040-5428 $16,880,500 Mar 2023 2,373 SF
4064 Oakmont, Granite City, IL 62040-4355 $45,000 Aug 2022 2,511 SF
1911 Johnson, Granite City, IL 62040-3835 $132,000 Jul 2022 1,792 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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