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    1708 New Car Dr O Fallon, IL 62269

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    For Sale
    $2,150,000

    Turn-key auto dealer retail/showroom with 140 parking spaces.

    Property size:
    16,991 SF
    Lot size:
    1.66 Acres

    Property Features for 1708 New Car Dr

    General Information

    Size
    16,991 SF
    Lot size
    1.66 Acres

    Source: CBRE Agent Nick Garavaglia

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

    Overview

    Auto Dealer Retail/Showroom Building

    This property is a turn-key auto dealer retail/showroom building featuring 140 parking spaces. The building includes two service bays with 10' x 8' roll-up doors and one service bay with a 12' x 8' roll-up door, as well as nine service bays. It is located at a signalized intersection, offering direct access and visibility on Hwy 50, which has a traffic volume of over 25,700 vehicles per day. The property is an outparcel of the Lincoln Crossing Shopping Center, which is anchored by Home Depot and Walmart, generating high customer traffic with $58.5M in sales. The property is zoned B2 Commercial and has a size of 16,991 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Pratt & Whitney, Mission Accomplished Tire and Auto, Walmart Auto Care Centers, Mission Accomplished Tire & Auto, Mazda Service

    Location Insight

    • Map
    • Local Demand
    City
    O Fallon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9572297
    Latitude
    38.5965827

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    FAQs

    What type of property is this?
    Auto shop - Turn-key auto dealer retail/showroom with 140 parking spaces.
    Where is this auto shop located?
    The property is located at 1708 New Car Dr O Fallon, IL.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: - Located at a signalized intersection on Hwy 50 with high visibility and 25,700+ VPD.; - Outparcel of Lincoln Crossing Shopping Center anchored by Home Depot and Walmart.; - Turn-key auto dealer retail/showroom building.
    (314) 655-6000
    Request Owner's contact information
    1708 New Car Dr O Fallon, IL 62269
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    O Fallon, IL 62269
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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
    1708 New Car Dr O Fallon, IL 62269
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