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Property profile & analytics
OFF-MARKET
Estimated value
$2,385,000
Commercial real estate
8520 Us Hwy 50 Lebanon, IL 62254-2526
Trust Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-0937140
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Total area
440 SF
Lot
3.15 ac (137,214 SF)
APN
04-27-0-301-014
UPID
US28-0937140
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.39M
Owner & transaction history
The Thomas Family Trust · 4 yrs held
The Thomas Family Trust
since 2021
Last sale
$2.4M
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
$2,495,000
ML approach
$2,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.39M
Range $2.15M – $2.62M · ±10% · vs last sale $2.35M (Sep 28 2021)
Last sale anchor
$2.35M
Sep 28 2021
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
$5,420 / 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
$15,141
Tax year 2023
Assessed value
$199,844
Assessed 2023
Previous assessed
$199,844
+0.0% YoY
Effective rate
7.58%
On assessed value
Assessed land
$13,369
Assessed improvement
$186,475
Land market value
$40,107
Improvement market value
$559,425
Total market value
$599,532
Applied tax rate
6,005.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1980
Heating
NONE
Total area
440 SF
Lot
3.15 ac (137,214 SF)
APN
04-27-0-301-014
UPID
US28-0937140
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
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
3.15 ac
Current owner
From public records · entity-resolved
The Thomas Family Trust
Trust
Free & Clear · 4 yrs held
Mailing address
2517 RUETTE NICOLE, LA JOLLA, CA 92037-2009
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
$2,350,000
The Thomas Family Trust
Jwkgjv LLC
Special Warranty Deed
—
Jun 20, 2019
$250,000
Jwkgjv LLC
Alpha Ent LLC
Warranty Deed
$1,700,000 · Bank Of O'fallon
May 9, 2016
—
Alpha Ent LLC
Phillips,jerry W
Warranty Deed
related
$180,184 · Central Bk/st Louis
Apr 28, 2009
—
Jerry W Phillips
—
Trustees Deed
related
$221,000 · First National Bank St Louis
Oct 2, 2006
—
Jerry W Phillips
—
Trustees Deed
related
$221,000 · First National Bank St Louis
Oct 16, 2000
$171,500
Jerry W Phillips
Tourville,jesse J & Maxine
Grant Deed
$140,000 · Associated Bank Illinois NA
Sep 2, 1998
$150,000
Jesse J Tourville
Williamson,shawn
Grant Deed
$130,000 · Bank Of Ofallon
—
—
Jerry W Phillips
—
Deed Of Trust
related
$221,000 · First National Bank St Louis
—
—
Jerry W Phillips
—
Loan Modification
related
$221,000 · First National Bank St Louis
—
—
Jerry W Phillips
—
Deed Of Trust
related
$170,000 · Associated Bank Illinois NA
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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