Realmo Analytics

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Property profile

319 Ridge St Alton, IL 62002

FOR SALE
Other commercial real estate
Property ID
US28-0721571
4,710 SF 0.15 ac lot Built 1967
Last sale May 2017 · $85,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a brick-and-block mixed-use building containing approximately 3,200 square feet of office space and approximately 1,500 square feet of warehouse space. The warehouse area is accessed by a 12-foot-high overhead drive-in door with an automatic opener. The office portion previously operated as an escape room event business, with escape room elements remaining in place; some interior walls are temporary and extend to the existing ceiling. The building has two addresses and is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value$35k
Assessed land$5k
Assessed improvement$30k
Effective rate8.77%

Value estimate

· Nov 2026
$220k
$198k – $242k
AI approach$305k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 13.93% cap applied$17k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
ZIP average, outlier-cleaned · 138 recorded sales of this use type
Observed band · Q1–Q3$37 – $139
Qualifying comparables17

Cap rate analysis

How does the asset earn?
13.93%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.7
Parking Facility11.2
Pharmacy10.8

Location

319 Ridge St Alton, IL 62002
County assessor Recorded deeds · 7 transfers 17 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2624 Broadway, Alton, IL 62002-1767 $70,000 May 2025 6,480 SF
2400 Broadway, Alton, IL 62002-1763 $150,000 May 2025 5,205 SF
2712 Cor, Alton, IL 62002-5328 $646,000 May 2025 4,800 SF
235 Ctr, Alton, IL 62002-5931 $550,000 May 2025 4,531 SF
2708 Cor, Alton, IL 62002-5328 $646,000 Feb 2025 4,800 SF
2510 College, Alton, IL 62002-4703 $48,000 Nov 2024 3,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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