Bank Building with Drive-Thru
For Sale
Contact for pricing
104 Regency Park, O Fallon, IL 62269
Former full-service bank building with three drive-thru lanes, an ATM lane, offices, and teller/vault infrastructure.
Property Size2,750 SF
Price / SF$309.09
Days on Market108
Property Features for 104 Regency Park
General Information
Standard status
Active
Size
2,750 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Amenities
drive-thru lanes
ATM lane
private offices
teller stations
vault
Listing Agency:
BARBERMurphy
(618) 277-4400
Listed By:
John L Eichenlaub · License #471004100
(618) 570-8344
Source:
Moodyscre
Added: Jul 14
Changed: Oct 25
Last Checked: Oct 28 at 11:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BARBERMurphy
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Investment Insights
Based on property information with market context.
Former full-service bank building totaling 2,750 SF with an existing drive-thru configuration, designed to support both customer-facing and back-office operations. The property includes three drive-thru lanes plus a dedicated ATM lane, along with four private offices, four teller stations, and an existing vault for secure storage or specialty use. This layout can support a range of commercial uses, including retail, restaurant, office, medical, or financial service concepts, with existing improvements intended to help streamline occupancy.
The site is located in O’Fallon’s office and retail corridor along Hwy 50, offering visibility and convenient access for customers and employees. It is about 1/2 mile from I-64 (Exit 14) and about 1/8 mile from St. Elizabeth’s Hospital, placing it near established commercial and healthcare activity.
The property’s current configuration provides a functional mix of client-service space and private workspace, supported by the existing drive-thru infrastructure that can remain a key operational feature for suitable quick-service and service-oriented businesses.
The site is located in O’Fallon’s office and retail corridor along Hwy 50, offering visibility and convenient access for customers and employees. It is about 1/2 mile from I-64 (Exit 14) and about 1/8 mile from St. Elizabeth’s Hospital, placing it near established commercial and healthcare activity.
The property’s current configuration provides a functional mix of client-service space and private workspace, supported by the existing drive-thru infrastructure that can remain a key operational feature for suitable quick-service and service-oriented businesses.
Key Highlights
- 2,750 SF former full‑service bank building with infrastructure for retail, restaurant, office, medical, or financial service use
- Three drive‑thru lanes plus a dedicated ATM lane for customer transactions and fast access
- Includes four private offices, four teller stations, and an existing vault for secure storage or specialty use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,463
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,260
$749.3K
Cap Rate 7%
$535,186
$535.2K
Cap Rate 9%
$416,256
$416.3K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$52.1K $18.96/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$50.0K $18.16/SF
− OpEx
−$12.5K −$4.54/SF
NOI
$37.5K $13.62/SF
Area
St. Clair County, IL
Vacancy
4.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,260
Cap Rate 7%
$535,186
Cap Rate 9%
$416,256
Alternative Uses
Best Use
Specialty Retail
$535.2K
$468.3K – $624.4K
NOI $37,463 @ 7.0% cap · market cap 4.41%
Second Best
Retail
$392.5K
$343.5K – $458.0K
NOI $27,477 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$651.0K
$569.7K – $759.5K
NOI $45,572 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
Explore this area
Business Placement
Demographics for 62269, IL
36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bank - Former full-service bank building with three drive-thru lanes, an ATM lane, offices, and teller/vault infrastructure.
Where is this bank located?
The property is located at 104 Regency Park O Fallon, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,750 SF former full‑service bank building with infrastructure for retail, restaurant, office, medical, or financial service use; Three drive‑thru lanes plus a dedicated ATM lane for customer transactions and fast access; Includes four private offices, four teller stations, and an existing vault for secure storage or specialty use
