Industrial Complex Investment Property
$1,250,000
Listing Resources
Listing Description
Industrial Complex Investment
6 Buildings totaling 61,415 SF on 10.5 Acres. Complex currently has 1 Vacant Space available for Lease.
Located off Route 4 with 7,550 ADT and Visible from Hwy 40 with 8,500 ADT. Only 3 Miles South of I-270
Adjacent 11.5 Acres for Sale. Can be Purchased Separately – Sale Price: $300,000
Reduced Sale Price: $1,250,000 (Investment Property)
NOI: $81,874
CAP Rate: 6.55%
Investment Property including additional 11.5 Acres: $1,500,000
Listing Details
Settings
Listing No : 989
Sale Or Lease : For Sale
Property Type(s) : Investment, Industrial, Land
Building Size (Sqft) : 61,415 Sqft
Lot Size (Acres) : 10.50 Acre(s)
Sale Price : $1,250,000
Sale Price Per Sqft : $20.36
CAP Rate : 6.55%
NOI : $81,874
Heating : Varies per Bldg
Cooling : Varies per Bldg
Yard : Gravel
Extra Land : 12 Acres Farm Ground
Parcel No : 05-1-23-08-00-000-008
Zoning : M-2
Zoning By : St. Jacob
Property Tax : $19,882.76
Tax Year : 2019
Traffic Count : 16,000
Year Built : 1970
Rehab Year : 2015
Roof : Metal
Gross Rental Income : $108,600
Insurance : $6,843
-
Steve
Zuber - CCIM, SIOR
- Office: 618-277-4400 Ext. 13
- Mobile: 314-409-7283
- steve@barbermurphy.com
-
James
Leopold - CCIM
- Office: 618-277-4400 Ext. 19
- Mobile: 618-581-1702
- jamesl@barbermurphy.com