Property profile

21 12th St Belleville, IL 62220

OFF-MARKET
Industrial properties
Property ID
US28-2107033
4,704 SF 0.14 ac lot Built 2001
Trust Owned 19-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Belleville, IL warehouse offers 20,366 square feet of space, perfect for owner-occupiers or investors seeking a strong return. The property features a substantial ground floor of 14,766 square feet and a second-level mezzanine of 5,600 square feet, providing ample room for diverse business needs. Built in 1985, this Class C industrial building includes two 10' x 10' overhead doors, a 10' x 12' loading dock, three-phase power (400 KVA/240-480 volts), floor drains, and is heated. The property sits on a 0.48-acre lot and includes an additional 0.4-acre undeveloped lot, ideal for expansion or additional parking. Zoned D-1, this warehouse presents a compelling investment opportunity with a potential annual gross income of $72,000. Past property taxes were $18,358 and building insurance was $5,000. This property is priced at $550,000, offering a price per square foot of $27.01. The APN is 08-21.0-326-010.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2001
Construction CONCRETE BLOCKS
Total area 4,704 SF
Lot 0.14 ac (6,098 SF)
APN 08-21-0-326-010
UPID US28-2107033

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
  • Auto Repair Shop

Location

21 12th St Belleville, IL 62220
Belleville metro Census 501606 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2006
7 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2006
Price N/A
1969
Price N/A
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21 12th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message