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    Property profile & analytics

    2122 Pontoon Rd Granite City, IL 62040-4000

    • Office Properties & Spaces
    • 3,584 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $3,330,000
    Last Sale
    Oct 11, 2023
    $2,750,000
    Location Intelligence
    Property ID
    US28-2054150
    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

    • Office Properties & Spaces

    Property Details for 2122 Pontoon Rd

    Year built
    1988
    Lot size
    0.22 lot acres
    Property size
    3,584 SF
    Property type
    Office Properties & Spaces
    APN
    22-2-20-09-05-101-027
    APU
    222200905101027

    Description

    This established Granite City, IL office park offers four Class B buildings totaling 14,336 square feet on a 0.91-acre lot. Each of the two-story buildings comprises 3,584 square feet and is separately parceled, presenting a unique value-add opportunity for investors seeking to lease or sell individually. Currently vacant, this turnkey property is zoned C-2 and boasts a prominent pylon sign. Built in 1988, the property is ideally situated near a population exceeding 10,000 residents within a one-mile radius, making it attractive for owner-occupiers and investors alike. The asking price is $125,000. The property's address is 2122, 2126, 2128, and 2132 Pontoon Road, Granite City, IL 62040. The APN numbers are 22-2-20-09-05-101-027, 22-2-20-09-05-101-028, 22-2-20-09-05-101-029, 22-2-20-09-05-101-030, 22-2-20-09-05-101-031, and 22-2-20-09-05-101-032. This presents a rare chance to acquire a versatile and well-located office complex in a thriving area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,890,000
      6.5%
      $2,615,000
      7%
      $2,845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,935,000
      Geo Method
      $3,060,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,885,000
      Retail
      $2,665,000
      Mixed-Use
      $2,950,000
      Hospitality
      $2,345,000
      Educational
      $2,335,000
      Residential Income
      $3,165,000
      Energy
      $2,630,000
      Income-Based Land
      $3,015,000
      Food Service
      $3,230,000

    Location Insight

    • Map
    • Local Demand
    City
    Granite City
    County
    Madison
    State
    Illinois
    Longitude
    -90.1117
    Latitude
    38.7313
    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
    2022
    $6,641
    $10,570
    $55,830
    $66,400
    -
    $31,742
    $167,658
    $199,400

    Comparable in this City

    • Value Estimation by Request
      894 SF

      3005 Madison Ave

      OFFICE (GENERAL) • 894 SF
      3005 Madison Ave, Granite City, IL 62040-3619
      View Details
    • Value Estimation by Request
      0.04 Acres

      1326 Niedringhaus Ave, Unit A

      OFFICE (GENERAL) • 0.04 Acres
      1326 Niedringhaus Ave, Granite City, IL 62040-4626
      View Details
    • Value Estimation by Request
      1,217 SF

      3165 Myrtle Ave, Unit 5

      OFFICE (GENERAL) • 1,217 SF
      3165 Myrtle Ave, Granite City, IL 62040-5012
      View Details
    • Value Estimation
      $230,000
      1,032 SF

      3136 Nameoki Rd

      OFFICE (GENERAL) • 1,032 SF
      3136 Nameoki Rd, Granite City, IL 62040-5013
      View Details
    • Value Estimation
      $65,000
      1,404 SF

      928 Niedringhaus Ave

      OFFICE (GENERAL) • 1,404 SF
      928 Niedringhaus Ave, Granite City, IL 62040-3141
      View Details
    • Value Estimation
      $235,000
      3,115 SF

      2355 Pontoon Rd

      OFFICE (GENERAL) • 3,115 SF
      2355 Pontoon Rd, Granite City, IL 62040-4022
      View Details

    Similar Nearby for Sale

    • $1,933,000
      25,000 SF

      Granite City Office Building Investment

      High-yield office building, 86% occupied
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      Granite City Commercial Property

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      2,624 SF

      Granite City Commercial Office Building

      Commercial office building in Granite City, 15 minutes from St. Louis.
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      Granite City Commercial Building

      Well-maintained building suitable for various community or educational purposes.
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    Similar Nearby for Lease

    • Contact for pricing
      86,400 SF

      Prime Madison County Industrial Campus

      Multi-building industrial/office complex, 86,400 SF available.
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      View Details
    • $9 SF/Yr
      5,690 SF

      Lake Drive Office Suites Available

      Prime Madison County office/retail space.
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      View Details
    • $10 SF/Yr
      25,696 SF

      Nameoki Road Office Space

      Granite City, IL Office Building - 15,500 SF Available
      3675 Nameoki Rd, Granite City, IL 62040
      View Details
    • $9 SF/Yr
      2,050 SF

      Granite City Office Space Available

      Office space for rent near Maryville Rd. and Pontoon Rd.
      3908 Maryville Rd, Granite City, IL 62040
      View Details
    • Contact for pricing
      41,250 SF

      Industrial Land with Rail Access

      31.83 AC industrial outdoor storage with active rail spurs.
      204 E Chain Of Rocks Rd, Granite City, IL 62040
      View Details
    • Contact for pricing
      12,500 SF

      Industrial Land with Rail Access

      31.83 AC industrial outdoor storage with active rail spurs.
      122-204 E Chain Of Rocks Rd, Granite City, IL 62040
      View Details
    Request Owner's contact information
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    2122 Pontoon Rd
    Granite City, IL 62040-4000
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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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