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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Industrial properties
94th St Fairview Heights, IL 62208
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US28-0215722
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1964
Construction
CONCRETE BLOCKS
Total area
6,000 SF
Lot
1.19 ac (51,836 SF)
APN
02-25-0-400-027
UPID
US28-0215722
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
$365k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$563k
Blend (final)
Blend
$545k
Owner & transaction history
11 French Village LLC · 9 yrs held
11 French Village LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$655,000
+132.9%
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 Fairview Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview Heights 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
$365,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$655,000
Change: +133% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$91 / 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
$10,467
Tax year 2023
Assessed value
$82,965
Assessed 2023
Previous assessed
$82,965
+0.0% YoY
Effective rate
12.62%
On assessed value
Assessed land
$11,883
Assessed improvement
$71,082
Land market value
$35,649
Improvement market value
$213,246
Total market value
$248,895
Applied tax rate
11,046.0000
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
1964
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
6,000 SF
Lot
1.19 ac (51,836 SF)
APN
02-25-0-400-027
UPID
US28-0215722
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
COMMERCIAL (GENERAL)
Est. value
$655,000
COMMERCIAL (GENERAL)
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
1964
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
1.19 ac
Current owner
From public records · entity-resolved
11 French Village LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2003 BRK HL RDG DR, CHESTERFIELD, MO 63017-7958
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2017
—
11 French Village LLC
As Adventure Family LP
Warranty Deed
related
—
Jul 11, 2016
—
As Adventure Family LP
Alizadeh Family LP
Warranty Deed
related
—
Dec 10, 2013
$180,000
Alizadeh Family LP
Environmental Operations Of Il
Grant Deed
—
Dec 20, 2012
—
Environmental Operations Of Il Ll
—
Deed Of Trust
related
$9,000,000 · Advantage Cap Cmnty Dev Fnd 24
Jun 23, 2010
—
Environmental Operations Of Il Ll
Environmental Operations INC
Quit Claim Deed
related
—
Jan 7, 2009
$355,000
Environmental Operations INC
French Village Properties LLC
Warranty Deed
$266,000 · First Bank
Jun 1, 2007
—
French Village Properties LLC
—
Trustees Deed
related
$36,000 · Associated Bank
Jan 14, 2003
—
French Village Properties LLC
Shively Geotechnical INC
Quit Claim Deed
related
$216,000 · Associated Bank Illinois NA
Mar 31, 1997
—
Shively Geotechnical INC
Shively Geotechnical
Quit Claim Deed
related
$167,497 · Magna Bank NA
Sep 20, 1996
$55,000
Geotechnical Shively
Jack B Buchanan Estate
Trustees Deed
$166,600 · Magna Bank NA
—
—
Environmental Operations INC
—
Deed Of Trust
related
$266,000 · First Bank
—
—
Environmental Operations Of Il Ll
—
Deed Of Trust
related
$9,000,000 · Advantage Cap Cmnty Dev Fund X
—
—
French Village Properties LLC
—
Deed Of Trust
related
$50,000 · Associated Bank
—
—
Quantum Lndg LLC
—
Deed Of Trust
related
$250,000 · Archetype Credit Opportunities
—
—
French Village Properties LLC
—
Deed Of Trust
related
$225,200 · Associated Bank
—
—
Shively Geotechnical INC
—
Deed Of Trust
related
$60,000 · First National Bank
—
—
Shively Geotechnical INC
—
Deed Of Trust
related
$100,000 · First National Bank
—
—
Environmental Operations Of Il
—
Deed Of Trust
related
$9,000,000 · Advantage Cap Cmnty Dev Fund X
—
—
French Village Properties LLC
—
Deed Of Trust
related
$232,299 · Associated Bank
—
—
French Village Properties LLC
—
Deed Of Trust
related
$950,000 · Midwest Bankcentre
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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