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Property profile & analytics
OFF-MARKET
Drive through restaurants
1800 Belt E Belleville, IL 62221-5502
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US28-2185944
Property summary
AI-generated overview
This exceptional 0.91-acre commercial land parcel presents a unique investment opportunity in Belleville, Illinois. Located at 1800 & 1810 North Belt East (APN: 08-23-0-115-012, 08-23-0-115-003), this property boasts a highly desirable corner location and is zoned CG, allowing for a variety of commercial uses. The site's previous use as a fast-food restaurant leaves it largely paved, significantly reducing site preparation costs for potential developers. Envisioning a car lot, retail space, or other commercial ventures? This property's versatility makes it an ideal canvas for your next project. The two combined parcels offer ample space for development, providing significant potential for return on investment. Situated in St. Clair County, with easy access to major roadways, this location offers excellent visibility and convenient access for customers and employees. Don't miss this chance to acquire a prime commercial property in a thriving Illinois market. The asking price is $125,000. Contact us today to learn more and schedule a site visit.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1980
Total area
2,630 SF
Lot
0.66 ac (28,750 SF)
APN
08-23-0-115-012
UPID
US28-2185944
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rowan Auto Sales Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sandys Of Belleville INC
Sandys Of Belleville INC
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Belleville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belleville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$2,504
Tax year 2019
Assessed value
$24,017
Assessed 2022
Previous assessed
$22,203
+8.2% YoY
Effective rate
10.43%
On assessed value
Assessed land
$17,703
Assessed improvement
$6,314
Land market value
$53,109
Improvement market value
$18,942
Total market value
$72,051
Applied tax rate
2,042.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1980
Heating
NONE
Total area
2,630 SF
Lot
0.66 ac (28,750 SF)
APN
08-23-0-115-012
UPID
US28-2185944
Jurisdiction
ST CLAIR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
0.66 ac
Current owner
From public records · entity-resolved
Sandys Of Belleville INC
Entity
Mailing address
1250 SHILOH STA RD, BELLEVILLE, IL 62221-7510
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Sandys Of Belleville INC
—
Deed Of Trust
related
$375,553 · Bank Of Belleville
—
—
Sandys Of Belleville INC
—
Deed Of Trust
related
$535,603 · West Pointe Bank & Trust Co
—
—
Rita A Rosciglione
—
Deed Of Trust
related
$419,188 · West Pointe Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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