Entity Owned 
For Sale
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9500 Collinsville Rd, Collinsville, IL 62234
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Property summary
AI-generated overview
The property is a commercial building configured to offer multiple office suites: five suites of approximately 1,600 square feet each and one suite of approximately 2,500 square feet. Signage is supported through monument, pylon, and building signage options. The site is located directly off Exit 24 on I-255, with frontage/visibility from the interstate corridor, and is within approximately one mile of I-55. It is positioned across the road from FanDuel Fairmont Racetrack, a high-traffic destination. The building is suitable for office use.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
2,428 SF
Lot
8.63 ac (375,923 SF)
APN
13-1-21-31-00-000-011
UPID
US28-1368309
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Water
-
Water Utility Company
-
Hardware & Home Improvement Construction Company
-
Gym & Fitness Center
-
Furniture & Home Goods
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
since 2005
Last sale
$700,000
2 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$665k
Value range
$599k – $732k
±10% around blend
Estimated value / SF
$274 / SF
Confidence
High
10 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
100
$599k
blend $665k
$732k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,428 SF
Lot area
8.63 ac
Year built
1989
APN
13-1-21-31-00-000-011
Assessed value
$495,270
Annual tax
$36,555
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$280k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.9 mi away · 2,785 SF
3.1 mi away · 2,304 SF
3.2 mi away · 3,024 SF
4.1 mi away · 1,700 SF
8.8 mi away · 1,710 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$665k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 84 sales
$84
+227%
Submarket 84 sales
$84
+227%
County 888 sales
$107
+156%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $274/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
3.60%
Implied, in-place cap rate for this other commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.60%
9.0%
NOI (est.)
$49k *
Last sale · Jan 2025
$700k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.36M
Move the market yield to see immediate price impact.
Value / SF
$561
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.10%3.60%4.10%
$44k
$1.42M
$1.22M
$1.08M
$49k
$1.58M
$1.36M
$1.20M
$54k
$1.74M
$1.50M
$1.31M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$295k
1.2 mi · Feb 2026 · $164/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$36,555
Tax year 2022
Assessed value
$495,270
Assessed 2022
Previous assessed
$495,270
+0.0% YoY
Effective rate
7.38%
On assessed value
Assessed land
$201,420
Assessed improvement
$293,850
Land market value
$604,865
Improvement market value
$882,432
Total market value
$1,487,297
Applied tax rate
977.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1989
Heating
NONE
Buildings
3
Total area
2,428 SF
Lot
8.63 ac (375,923 SF)
APN
13-1-21-31-00-000-011
UPID
US28-1368309
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Buildings
3
Lot
8.63 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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