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    Property profile & analytics

    4007 College Ave Alton, IL 62002-5054

    • Industrial properties
    • 297 SF
    • 54.82 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Location Intelligence
    Property ID
    US28-3421115
    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

    • Fred Weber Inc / Contractor / Civil Engineer
    • Fred Weber, Inc. - Bluff City Stone / Corporate Office
    • New Frontier Materials - Bluff City Stone / Quarry

    Property Details for 4007 College Ave

    Year built
    1979
    Lot size
    54.82 lot acres
    Property size
    297 SF
    Property type
    Industrial properties
    APN
    23-1-08-08-00-000-008-001
    APU
    231080800000008001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $445,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $520,000
      Retail
      $560,000
      Mixed-Use
      $490,000
      Hospitality
      $550,000
      Educational
      $550,000
      Residential Income
      $530,000
      Energy
      $500,000
      Income-Based Land
      $520,000
      Food Service
      $550,000

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.1237
    Latitude
    38.9029
    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
    $51,445
    $113,190
    $491,530
    $604,720
    -
    $339,910
    $1,476,066
    $1,815,976

    Comparable in this City

    • Value Estimation by Request

      Located Throughout City

      INDUSTRIAL (GENERAL)
      Located Throughout City, Alton, IL 62002
      View Details
    • Value Estimation by Request

      Berm Hwy

      INDUSTRIAL (GENERAL)
      Berm Hwy, Alton, IL 62002
      View Details
    • Value Estimation
      $750,000
      5,500 SF

      108 Chessen Ln

      INDUSTRIAL (GENERAL) • 5,500 SF
      108 Chessen Ln, Alton, IL 62002-2049
      View Details
    • Value Estimation by Request
      1,860 SF

      121 Chessen Ln

      INDUSTRIAL (GENERAL) • 1,860 SF
      121 Chessen Ln, Alton, IL 62002-2050
      View Details
    • Value Estimation
      $180,000
      193.53 Acres

      13 Chessen Ln

      INDUSTRIAL (GENERAL) • 193.53 Acres
      13 Chessen Ln, Alton, IL 62002-2048
      View Details
    • Value Estimation by Request
      5,520 SF

      3216 Broadway

      INDUSTRIAL (GENERAL) • 5,520 SF
      3216 Broadway, Alton, IL 62002-2038
      View Details

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    Similar Nearby for Lease

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      Prime Alton retail space available.
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      Commercial land suitable for various development projects, high-traffic location.
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      Alton Retail Space Available

      Retail space with basement storage in Alton, Illinois.
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    • $13 SF/Yr
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      Prime Corner Retail Space Available

      High-visibility corner retail space suitable for various businesses.
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      View Details
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    4007 College Ave
    Alton, IL 62002-5054
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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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