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    Property profile & analytics

    2323 Kearbey Ln South Roxana, IL 62087-1770

    • Commercial real estate
    • 1,920 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Last Sale
    Mar 30, 2020
    $215,000
    Location Intelligence
    Property ID
    US28-1614717
    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

    • Byrne & Jones Construction - Asphalt & Concrete / Paving Contractor
    • GRL Contracting & Lighting, LLC / Kitchen Remodeler / Bathroom Remodeler

    Property Details for 2323 Kearbey Ln

    Year built
    1988
    Lot size
    2.00 lot acres
    Property size
    1,920 SF
    Property type
    Commercial real estate
    APN
    18-1-14-11-00-000-011-003
    APU
    181141100000011003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $210,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $205,000
      Mixed-Use
      $230,000
      Hospitality
      $245,000
      Educational
      $185,000
      Residential Income
      $190,000
      Energy
      $240,000
      Income-Based Land
      $245,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    South Roxana
    County
    Madison
    State
    Illinois
    Longitude
    -90.0651
    Latitude
    38.8087
    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
    $6,368
    $14,440
    $62,900
    $77,340
    -
    $43,363
    $188,889
    $232,252

    Comparable in this City

    • Value Estimation by Request
      9,600 SF

      410 Broadway Ave, Unit B

      COMMERCIAL (GENERAL) • 9,600 SF
      410 Broadway Ave, South Roxana, IL 62087-1700
      View Details
    • Value Estimation
      $365,000
      8,665 SF

      300 Daniel Boone Trl

      COMMERCIAL (GENERAL) • 8,665 SF
      300 Daniel Boone Trl, South Roxana, IL 62087-1594
      View Details
    • Value Estimation by Request
      1,800 SF

      1112 Madison St

      COMMERCIAL (GENERAL) • 1,800 SF
      1112 Madison St, South Roxana, IL 62087-1600
      View Details
    • Value Estimation
      $140,000
      0.21 Acres

      300 Sinclair Ave

      COMMERCIAL (GENERAL) • 0.21 Acres
      300 Sinclair Ave, South Roxana, IL 62087-1554
      View Details
    • Value Estimation
      $495,000
      3,400 SF

      6990 State Rte 111

      COMMERCIAL (GENERAL) • 3,400 SF
      6990 State Rte 111, South Roxana, IL 62087-1769
      View Details
    • Value Estimation
      $420,000
      10,956 SF

      7014 State Rte 111

      COMMERCIAL (GENERAL) • 10,956 SF
      7014 State Rte 111, South Roxana, IL 62087-2703
      View Details

    Similar Nearby for Sale

    • $875,000
      9,600 SF

      South Roxana Office/Warehouse

      9,600 SF Industrial Space, Great Location
      410 Broadway Ave, South Roxana, IL 62087
      View Details
    • Contact for pricing
      0.26 Acres

      Residential Lot Ready For Building

      Residential lot with driveway, mature trees, and available utilities.
      408 Indiana Ave, South Roxana, IL 62087
      View Details
    • $1,027,750
      20.00 Acres

      41-Acre Industrial Development Land

      Prime Industrial Site, South Roxana, IL
      0 Wagon Wheel Rd, Roxana, IL 62087
      View Details
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    South Roxana, IL 62087-1770
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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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