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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Industrial properties
34 Empire Dr Belleville, IL 62220-3585
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-0107536
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1992
Construction
STEEL FRAME
Total area
29,400 SF
Lot
3.18 ac (138,521 SF)
APN
08-26-0-407-003
UPID
US28-0107536
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
-
Shop72.com (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
HPJ Performance Auto Parts Store
-
Construction Equipment Parts Construction Company
-
Lohr Distributing Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.11M
Owner & transaction history
Metro East Transit District Of St · 10 yrs held
Metro East Transit District Of St
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,345,000
Current use
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$38 / 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
$34,005
Tax year 2023
Assessed value
$321,682
Assessed 2023
Previous assessed
$321,682
+0.0% YoY
Effective rate
10.57%
On assessed value
Assessed land
$39,349
Assessed improvement
$282,333
Land market value
$118,047
Improvement market value
$846,999
Total market value
$965,046
Applied tax rate
2,097.0000
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
1992
Construction
STEEL FRAME
Heating
NONE
Total area
29,400 SF
Lot
3.18 ac (138,521 SF)
APN
08-26-0-407-003
UPID
US28-0107536
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
$1.3M
INDUSTRIAL (GENERAL) Current
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
1992
Construction
STEEL FRAME
Heating
NONE
Lot
3.18 ac
Current owner
From public records · entity-resolved
Metro East Transit District Of St
Individual
Free & Clear · 10 yrs held
Mailing address
9416 WAGER DR, SAINT LOUIS, MO 63123-5437
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2020
—
Simos Real Estate LLC
—
Deed
related
$1,462,522 · Carrollton Bk
Jun 21, 2016
$16,500
Metro East Transit District Of St
Simos Real Estate LLC
Warranty Deed
—
Apr 21, 2016
—
Simos Real Estate LLC
—
Trustees Deed
related
$375,000 · Carrollton Bk
Jul 16, 2014
$840,000
Simos Real Estate LLC
Blue Empire Drive Holdings LLC
Grant Deed
$140,880 · Carrollton Bk
Jan 9, 2014
—
Blue Empire Drive Holdings LLC
Private Sales Corp
Grant Deed
related
—
Oct 13, 2003
$49,000
R & D Development Corp
Behrmann,roger
Grant Deed
—
Oct 13, 2003
$10,000
R & D Development Corp
Behrman,tr
Grant Deed
$1,000,000 · Union Planters National Bank
—
—
Simos Real Estate LLC
—
Deed Of Trust
related
$100,000 · Carrollton Bk
—
—
R & D Dev Corp
—
Deed Of Trust
related
$1,057,985 · Regions Bank
—
—
Simos Real Estate Lllc
—
Deed Of Trust
related
$120,000 · Carrollton Bk
—
—
Simos Real Estate LLC
—
Deed Of Trust
related
$1,300,000 · Carrollton Bk
—
—
R & D Dev Corp
—
Deed Of Trust
related
$95,000 · Union Planters National Bank
—
—
Simos Real Estate LLC
—
Deed Of Trust
related
$1,462,522 · Carrollton Bk
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.
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