Entity Owned Property summary
This exceptional investment opportunity presents a 59,386 square-foot shopping center in Fairview Heights, Illinois, boasting a 9.40% cap rate and an asking price of $8,500,000. The property, known as Commerce Plaza, is a two-building, single-story complex built in 2009 and currently enjoys 100% occupancy with four national tenants. These tenants, including BioLife Plasma Services, JOANN Fabric and Crafts, and the United States Army, are all on triple-net (NNN) leases, providing stable and… predictable cash flow. BioLife Plasma Services recently signed a new 10-year lease, contributing to a weighted average lease term (WALT) of approximately 5.3 years. The property benefits from a dominant location near the intersection of Interstate 64 (90,000+ vehicles per day) and Highway 159 (40,000+ vehicles per day), placing it in the heart of a thriving retail corridor. Commerce Plaza enjoys synergistic traffic from nearby major retailers such as Lowe's, Fresh Thyme Market, and Hobby Lobby, as well as the St. Clair Square Super Regional Mall, which draws over 4.8 million visitors annually. The property's high visibility, convenient highway access, and strong sales performance from key tenants like JOANN and Party City make it a compelling investment. With over 113,000 residents within a 5-mile radius and 250,000 within 10 miles, Commerce Plaza serves a densely populated area. Furthermore, the tenants benefit from a scarcity advantage, being the only locations of their kind within a 17-mile radius. Rent bumps are included in the lease agreements. This well-maintained property, featuring a modern brick façade, offers a secure and lucrative investment opportunity.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 22 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,974 SF
- Lot area
- 6.14 ac
- Year built
- 1990
- APN
- 03-28-0-204-002
- Assessed value · 2023
- $1,879,592
- Annual tax · 2023
- $127,121
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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