Outdated Browser

Some features of this site may not be available with your current browser.
In order to receieve the best experience, please update to a newer browser.

618-277-4400

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

Contact Agent

Commercial Real Estate Solutions

Not finding what you’re looking for?

Call Us

618-277-4400

Favorites
Clear All
Email Your Favorites