Property profile

2615 State St East Saint Louis, IL 62205

OFF-MARKET
Commercial real estate
Property ID
US28-1138429
5,400 SF 0.25 ac lot Built 2003
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Construction STEEL FRAME
Total area 5,400 SF
Lot 0.25 ac (10,890 SF)
APN 02-17-0-326-040
UPID US28-1138429

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 Parts Store

Location

2615 State St East Saint Louis, IL 62205-2324
East Saint Louis metro Census 501200 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$840k
Comparable Approach Comparable
$808k
Blend (final) Blend
$790k

Owner & transaction history

since 2018
3 recorded transactions
2018
$440,000
2014
$417,500
2014
$290,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.1M +157.5%

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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