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    3315-3323 Mississippi Ave Cahokia, IL 62206

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    For Lease
    $11 SF/Yr ($2,695 /Mo)

    Remodeled retail center with high visibility and traffic location.

    Property size:
    2,850 SF
    Lot size:
    8.69 Acres

    Property Features for 3315-3323 Mississippi Ave

    General Information

    Size
    2,850 SF
    Lot size
    8.69 Acres

    Source: BARBERMurphy Agent John L Eichenlaub

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

    Overview

    Renovated Retail Center on Highway

    This renovated retail center features six bays and additional acreage suitable for a truck lot or storage facility. The property benefits from a new roof installed in 2022, a parking lot sealed and striped in 2022, and new common area LED lighting installed in 2021. Unit 3317B received a new HVAC system in 2021, while Unit 3319 had a new HVAC system and ductwork installed in 2022. The interior of the building is scheduled for a full remodel in 2025. Spaces range from 1,570 to 15,000 contiguous square feet. Marquee and building signage is available. The property is located in a high-traffic, high-visibility location on Route 3, with an average daily traffic count of 20,000. Its proximity to St. Louis, Missouri, offers convenient access to the major metropolitan area, with Interstates 55, 40, and 64 less than 1 mile away. The property presents an excellent retail and office opportunity.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cahokia
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.1779896
    Latitude
    38.5856827

    Nearby Similar for Lease

    • $10 SF/Yr
      108,979 SF

      Camp Jackson Retail Center

      High-traffic shopping center, space available
      1615 Camp Jackson Rd, Cahokia, IL 62206
      View Details
    • Contact for pricing
      6,880 SF

      Camp Jackson Retail Space Available

      Regional shopping center with national tenants, part of St. Louis market.
      1643-1695 Camp Jackson Rd, Cahokia, IL 62206
      View Details

    FAQs

    What type of property is this?
    Strip mall - Remodeled retail center with high visibility and traffic location.
    Where is this strip mall located?
    The property is located at 3315-3323 Mississippi Ave Cahokia, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - All units remodeled in 2025.; - High-traffic, high-visibility location on Rt 3 with 20,000 ADT.; - 6+ additional acres ideal for truck lot or storage facility.
    (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
    3315-3323 Mississippi Ave Cahokia, IL 62206
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