Technical
Financial
Distress signals
Property profile

12 Ludwig Dr Fairview Heights, IL 62208

OFF-MARKET
Hotels
Property ID
US28-3348684
49,386 SF 2.54 ac lot Built 1985
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1985
Total area 49,386 SF
Lot 2.54 ac (110,642 SF)
APN 03-21-0-401-001
UPID US28-3348684

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Freight Service Logistics Company

Location

12 Ludwig Dr Fairview Heights, IL 62208-1328
Fairview Heights metro Census 503416 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.60M
Comparable Approach Comparable
$3.67M
Blend (final) Blend
$975k

Owner & transaction history

since 2005
3 recorded transactions
2023
Price N/A
2018
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $4.3M +35.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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