Property profile

1950 State St Granite City, IL 62040

OFF-MARKET
Office Spaces
Property ID
US28-5453425
6,400 SF 0.29 ac lot Built 1948
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1948
Total area 6,400 SF
Lot 0.29 ac (12,500 SF)
APN 22-2-20-19-05-101-023
UPID US28-5453425

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
  • Law Firm

Location

1950 State St Granite City, IL 62040-4621
Granite City metro Census 404000 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2021
Last sale
$75,000
7 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$75,000
2021
Price N/A
2018
Price N/A
2017
$28,000
2017
Price N/A

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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