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    Property profile & analytics

    15 Commerce Dr Lebanon, IL 62254

    • Industrial properties
    • 8,000 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-0035026
    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

    • Butler Supply / Electrical Supply Store

    Property Details for 15 Commerce Dr

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    1.60 lot acres
    Property size
    8,000 SF
    Property type
    Industrial properties
    APN
    04-27-0-304-004
    APU
    4270304004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8655
    Latitude
    38.5871
    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
    $10,805
    $19,888
    $122,720
    $142,608
    -
    $59,664
    $368,160
    $427,824

    Comparable in this City

    • Value Estimation by Request
      9,000 SF

      750 Mc Allister St

      INDUSTRIAL (GENERAL) • 9,000 SF
      750 Mc Allister St, Lebanon, IL 62254
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    • Value Estimation
      $320,000
      0.29 Acres

      451 Monroe St

      INDUSTRIAL (GENERAL) • 0.29 Acres
      451 Monroe St, Lebanon, IL 62254
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    • Value Estimation
      $375,000
      4,656 SF

      55 Commerce Dr

      INDUSTRIAL (GENERAL) • 4,656 SF
      55 Commerce Dr, Lebanon, IL 62254-2541
      View Details
    • Value Estimation
      $330,000
      0.52 Acres

      10931 State Rte 4th 4

      INDUSTRIAL (GENERAL) • 0.52 Acres
      10931 State Rte 4th 4, Lebanon, IL 62254
      View Details
    • Value Estimation
      $295,000
      5,228 SF

      10000 Us Hwy 50

      INDUSTRIAL (GENERAL) • 5,228 SF
      10000 Us Hwy 50, Lebanon, IL 62254-2308
      View Details
    • Value Estimation
      $240,000
      3,729 SF

      Ss St

      INDUSTRIAL (GENERAL) • 3,729 SF
      Ss St, Lebanon, IL 62254
      View Details

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    15 Commerce Dr
    Lebanon, IL 62254
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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