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    1475 B And H Industrial Ct Millstadt, IL 62260

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    For Sale
    $1,750,000

    Industrial complex with recent lease extensions and major tenant.

    Source: Moodyscre

    Listing Agent: Steve C Zuber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Industrial Investment Opportunity

    This multi-tenant industrial complex offers an investment opportunity with recent lease extensions. The complex has a total area of 40,800 square feet. A major tenant, Minova, occupies 25,800 square feet. Minova is a mining-related company based in Georgetown with 722 employees and an estimated revenue of $274.4 million. Established over 40 years ago, Minova is a global manufacturer and supplier of chemical and mechanical earth control products, adhesives, and support equipment. The company has manufacturing plants on five continents and operations in more than 25 countries. Minova is an industry-leading provider of ground support solutions for the underground mining, construction, tunneling, and civil engineering industries and is wholly owned by Orica Limited. The property is located within the Millstadt Industrial Park, less than a mile from IL Rte 158 and IL Rte 163, and 5 miles from IL Rte 15.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Precision Concrete Cutting ... Concrete Contractor T.Michael Installation Office Furniture Store Plas-Co Cabinet Maker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millstadt
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.088194
    Latitude
    38.456434

    Nearby Similar for Sale

    • $399,000
      2,748 SF

      Tenant-Occupied Duplex with Garages

      Well-kept duplex in Millstadt, IL, with reliable rental income.
      29 Cedar St, Millstadt, IL 62260
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Industrial complex with recent lease extensions and major tenant.
    Where is this manufacturing property located?
    The property is located at 1475 B And H Industrial Ct Millstadt, IL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Multi-tenant industrial investment opportunity.; - Major tenant is Minova, a global mining company with substantial revenue and a long operating history.; - Recent lease extensions are in place.
    (618) 277-4400
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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
    1475 B And H Industrial Ct Millstadt, IL 62260
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