New search
Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Industrial properties
2795 Belt W, Belleville, IL 62226-6787
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-2207706
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1900
Construction
CONCRETE BLOCKS
Total area
8,652 SF
Lot
3.16 ac (137,650 SF)
APN
08-19-0-200-033
UPID
US28-2207706
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
South Belt Storage Storage Facility
-
Major Transportation Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$505k
Owner & transaction history
Southbelt Storage LLC · 1 yrs held
Southbelt Storage LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$750,000
+89.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Belleville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belleville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$395,000
Current use
COMMERCIAL (GENERAL)
$750,000
Change: +90% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,255
Tax year 2023
Assessed value
$332,859
Assessed 2023
Previous assessed
$332,859
+0.0% YoY
Effective rate
7.89%
On assessed value
Assessed land
$15,079
Assessed improvement
$317,780
Land market value
$45,237
Improvement market value
$953,340
Total market value
$998,577
Applied tax rate
7,068.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1900
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
2
Total area
8,652 SF
Lot
3.16 ac (137,650 SF)
APN
08-19-0-200-033
UPID
US28-2207706
Jurisdiction
ST CLAIR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$395,000
COMMERCIAL (GENERAL)
Est. value
$750,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
2
Lot
3.16 ac
Current owner
From public records · entity-resolved
Southbelt Storage LLC
Entity
Free & Clear · 1 yrs held
Mailing address
120 W MAIN ST STE #110, BELLEVILLE, IL 62220-1554
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Southbelt Storage LLC
Stephanie Tegtmeier
Special Warranty Deed
—
Apr 30, 2025
—
Stephanie K Tegtmeier
K Lechien
Quitclaim Deed
related
—
May 8, 2020
—
2795 Land Trust
—
Deed
related
$549,963 · Village Bk
Aug 22, 2019
—
2795 Land Trust
2795 Land Trust
Quit Claim Deed
related
—
Mar 12, 2018
—
Land 2795 Trust
—
Deed
related
$660,000 · Fcb Bk
Dec 5, 2008
—
2795 Land Trust
—
Trustees Deed
related
$100,000 · First County Bank
Jul 18, 2006
—
2795 Land Trust
Tegtmeier,phillip E
Warranty Deed
related
—
Jun 12, 2006
—
Philip E Tegtmeier
Dori Louis & C Trust
Grant Deed
$208,000 · First County Bank
Jul 13, 2004
—
Dori Louis & Charlene Trust
Dori,albeno
Quit Claim Deed
related
—
Jul 13, 2004
$125,000
Alberto Merchiori
Dori,louis & Charlene
Grant Deed
—
—
—
2795 Land Trust
—
Deed Of Trust
related
$96,228 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$99,928 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$638,000 · First County Bank
—
—
Land 2795 Trust
—
Loan Modification
related
$660,000 · Fcb Bk
—
—
2795 Land Trust
—
Deed Of Trust
related
$455,000 · First National Bank St Louis
—
—
2795 Land Trust
—
Deed Of Trust
related
$64,000 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$549,963 · Village Bk
—
—
2795 Land Trust
—
Deed Of Trust
related
$64,000 · First County Bank
—
—
2795 Land Trust
—
Loan Modification
related
$596,332 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$64,000 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$128,000 · First National Bank St Louis
—
—
2795 Land Trust
—
Deed Of Trust
related
$99,928 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$580,626 · First County Bank
—
—
2795 Land Trust
—
Loan Modification
related
$97,473 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$660,000 · First County Bank
—
—
2795 Land Trust
—
Deed Of Trust
related
$94,628 · First County Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 2795 Belt W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
