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    Property profile & analytics

    850 Mulberry St Millstadt, IL 62260-2076

    • Industrial properties
    • 46,222 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $885,000
    Last Sale
    Mar 10, 2022
    Location Intelligence
    Property ID
    US28-1484391
    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

    • Custom Marble Inc / Bathroom Remodeler / Kitchen Remodeler

    Property Details for 850 Mulberry St

    Year built
    1991
    Construction
    STEEL FRAME
    Lot size
    2.10 lot acres
    Property size
    46,222 SF
    Property type
    Industrial properties
    APN
    12-15-0-103-023
    APU
    12150103023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $840,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,245,000
      6.5%
      $1,135,000
      7%
      $1,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,265,000
      Geo Method
      $1,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,005,000
      Retail
      $1,050,000
      Mixed-Use
      $935,000
      Hospitality
      $1,030,000
      Educational
      $940,000
      Residential Income
      $1,050,000
      Energy
      $1,235,000
      Income-Based Land
      $935,000
      Food Service
      $1,090,000

    Location Insight

    • Map
    • Local Demand
    City
    Millstadt
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.088
    Latitude
    38.4528
    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
    2023
    $36,779
    $19,597
    $464,244
    $483,841
    -
    $58,791
    $1,392,732
    $1,451,523

    Comparable in this City

    • Value Estimation
      $275,000
      2,688 SF

      5804 Carron Dr

      INDUSTRIAL (GENERAL) • 2,688 SF
      5804 Carron Dr, Millstadt, IL 62260-2072
      View Details
    • Value Estimation
      $210,000
      3,564 SF

      9 Commercial St

      INDUSTRIAL (GENERAL) • 3,564 SF
      9 Commercial St, Millstadt, IL 62260-2057
      View Details
    • Value Estimation
      $305,000
      10,800 SF

      605 Mulberry St

      INDUSTRIAL (GENERAL) • 10,800 SF
      605 Mulberry St, Millstadt, IL 62260
      View Details
    • Value Estimation
      $535,000
      1,200 SF

      Mulberry St

      INDUSTRIAL (GENERAL) • 1,200 SF
      Mulberry St, Millstadt, IL 62260
      View Details
    • Value Estimation by Request
      1,620 SF

      510 Jefferson St

      INDUSTRIAL (GENERAL) • 1,620 SF
      510 Jefferson St, Millstadt, IL 62260-2030
      View Details
    • Value Estimation
      $405,000
      2,880 SF

      5959 Floraville Rd

      INDUSTRIAL (GENERAL) • 2,880 SF
      5959 Floraville Rd, Millstadt, IL 62260-2503
      View Details

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    • Contact for pricing
      0.80 Acres

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    850 Mulberry St
    Millstadt, IL 62260-2076
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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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