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    Property profile & analytics

    Troy, IL 62294

    • Commercial real estate
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3474988
    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

    • Commercial real estate

    Property Details

    Lot size
    1.04 lot acres
    Property type
    Commercial real estate
    APN
    09-1-22-04-00-000-008-002
    APU
    91220400000008002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Madison
    State
    Illinois
    Longitude
    -89.8799
    Latitude
    38.7366
    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
    $1,649
    $8,320
    $15,630
    $23,950
    -
    $24,985
    $46,937
    $71,922

    Comparable in this City

    • Value Estimation by Request
      0.29 Acres

      205 Edwardsville Rd

      COMMERCIAL (GENERAL) • 0.29 Acres
      205 Edwardsville Rd, Troy, IL 62294-1301
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    • Value Estimation by Request
      416 SF

      105 Main St

      COMMERCIAL (GENERAL) • 416 SF
      105 Main St, Troy, IL 62294-1407
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    • Value Estimation by Request
      5,000 SF

      107 Mcdonald Dr

      COMMERCIAL (GENERAL) • 5,000 SF
      107 Mcdonald Dr, Troy, IL 62294-1375
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    • Value Estimation by Request
      2,400 SF

      8236 Sportsmans Ln

      COMMERCIAL (GENERAL) • 2,400 SF
      8236 Sportsmans Ln, Troy, IL 62294-3245
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    • Value Estimation by Request
      1,215 SF

      106th N Main Stb

      COMMERCIAL (GENERAL) • 1,215 SF
      106th N Main Stb, Troy, IL 62294-1129
      View Details
    • Value Estimation by Request
      2,241 SF

      550 Edwardsville Rd

      COMMERCIAL (GENERAL) • 2,241 SF
      550 Edwardsville Rd, Troy, IL 62294-1338
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.70 Acres

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    • $499,000

      Prime Commercial Land Opportunity

      1.56 acres near I-55, ideal for retail/hospitality.
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    • $1,212,000
      48.48 Acres

      48.48 Acres Near Troy, IL

      48.48-acre property near Troy, IL, with farmland and mature timber.
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    Similar Nearby for Lease

    • $14 SF/Yr
      11,900 SF

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      Three buildings, flexible suites, prime location.
      505 Buckeye Dr, Troy, IL 62294
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    • $13 SF/Yr
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      Troy Shopping Center: Executive Suites

      Prime Troy location, retail & office space available.
      7640 Plummer Business Dr, Troy, IL 62294
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    • Contact for pricing
      4,800 SF

      Downtown Troy Warehouse Opportunity

      Prime Troy location, multiple spaces available
      101 Main St, Troy, IL 62294
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    • Contact for pricing
      466,280 SF

      Plummer Business Park: Industrial Land

      21.5-acre industrial park; build-to-suit options.
      7700 Plummer Business Dr, Troy, IL 62294
      View Details
    • $14 SF/Yr
      1,540 SF

      Retail Space Available For Lease

      Retail space available in highly visible location.
      635-653 Edwardsville Rd, Troy, IL 62294
      View Details
    • $2,300,000
      4,000 SF

      Office/Retail Building with Leasing Potential

      12,040 SF building with existing leases and available space.
      7354 State Route 162, Troy, IL 62294
      View Details
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    Troy, IL 62294
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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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