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Office/Warehouse on 0.9 Acres
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2525 19 St, Granite City, IL

7,200 SF office/warehouse with asphalt parking lot.

Property Size7,200 SF
Lot Size0.90 Acres
Price / SF$48.61
Days on Market517

Property Features for 2525 19 St

General Information

Standard status Active
Size 7,200 SF
Lot size 0.90 Acres
Property subtype INDUSTRIAL
Listing Agency: BARBERMurphy
Listed By: Ethan Gowin · License #475209502
Source: Moodyscre
Added: Feb 28, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:19AM

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

Investment Insights

Based on property information with market context.

This 7,200 SF office/warehouse is located on a 0.9-acre lot. The property includes 1,440 SF of office space and 5,760 SF of warehouse space. It features one 8'x8' grade-level door and 10' ceiling heights. The property also has an asphalt parking lot.

Key Highlights

  • 7,200 SF total space (office/warehouse)
  • 5,760 SF of warehouse space
  • 1,440 SF of office space

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $43.6k $6.06
− Vacancy −$1.1k −$0.16
EGI $42.5k $5.90
− OpEx −$12.7k −$1.77
NOI $29.7k $4.13
7,200 SF · lease $6.06/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$516.0K
$451.5K – $602.1K (±1% cap)
NOI $36,123 @ 7.0% cap · market cap 10.32%
Second Best
Industrial
$425.0K
$371.9K – $495.8K (±1% cap)
NOI $29,748 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M (±1% cap)
NOI $137,376 @ 7.0% cap · market cap 39.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby
Balanced
Demand for This Use

Market

Properties on Market for Warehouses in Madison County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Granite City Storage — 2001 Adams St, Granite City, IL 62040
  • Dixon Mini Storage — 1736 Grand Ave, Granite City, IL 62040

Frequently Asked Questions

What type of property is this?
Warehouse - 7,200 SF office/warehouse with asphalt parking lot.
Where is this warehouse located?
The property is located at 2525 19 St Granite City, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 7,200 SF total space (office/warehouse); 5,760 SF of warehouse space; 1,440 SF of office space
(618) 277-4400 Call to check price and availability
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