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Property profile & analytics

120 Commerce Ln Fairview Heights, IL 62208

  • Commercial real estate
  • 46,167 SF
  • 3.60 lot acres
For Lease
Last Sale
Aug 03, 2020
$550,000
Value Estimations
$705,000
Cap Rate Potential
Location Intelligence
Property ID
US28-0157151
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 120 Commerce Ln

Year built
1989
Construction
STEEL FRAME
Lot size
3.60 lot acres
Property size
46,167 SF
Property type
Commercial real estate
APN
03-28-0-200-053
APU
3280200053

Description

This exceptional 16,500-square-foot retail space is ideally situated at 120 Commerce Lane in Fairview Heights, Illinois, zip code 62208. The property offers a single-tenant occupancy opportunity, providing a blank canvas for a wide range of retail businesses. The entire building is currently vacant, presenting a unique chance for a business to establish a significant presence in a thriving commercial area. With its expansive square footage, the property offers ample space for a large-scale retail operation, showroom, or other commercial ventures. The address is easily accessible, boasting high visibility and convenient access for customers. The building's size and layout provide flexibility for customization to meet specific business needs. This is a rare opportunity to secure a substantial retail space in a desirable location within Fairview Heights. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The property is located at 38.59701498716925 latitude and -89.98760457579432 longitude.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $730,000
    ML approach
    $980,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fairview Heights
County
St. Clair
State
Illinois
Longitude
-89.9881
Latitude
38.5979
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$47,263
$358,950
$339,871
$698,821
-
$1,076,850
$1,019,613
$2,096,463
More about this property
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