Caseyville Mixed-Use Property For
For Sale
Contact for pricing
8853 Petroff Dr, Caseyville, IL 62232
Mixed-use property in Caseyville, Illinois, totaling 4,764 square feet.
Property Size4,764 SF
Price / SF$89.21
Days on Market725
Property Features for 8853 Petroff Dr
General Information
Standard status
Active
Size
4,764 SF
Property subtype
Retail, Office, Industrial
Listing Agency:
NAI DESCO
Listed By:
Tim Cribbin · License #2020041537
Source:
Crexi
Added: Aug 8, 2024
Changed: Jul 6
Last Checked: Aug 1 at 8:23AM
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 NAI DESCO
Investment Insights
Based on property information with market context.
A mixed-use property is available for sale in Caseyville, Illinois. The property offers a total size of 4,764 square feet. It can be used as retail, office, or industrial space.
Key Highlights
- Available for sale
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 | $46.3k | $9.72 |
| − Vacancy | −$2.5k | −$0.53 |
| EGI | $43.8k | $9.19 |
| − OpEx | −$13.1k | −$2.76 |
| NOI | $30.6k | $6.43 |
4,764 SF · lease $9.72/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$788.9K
$690.3K – $920.4K
NOI $55,224 @ 7.0% cap · market cap 12.99%
Second Best
Mixed Use
$689.1K
$603.0K – $803.9K
NOI $48,236 @ 7.0% cap · market cap 11.35%
Theoretical Best
Office A
$1.13M
$986.8K – $1.32M
NOI $78,947 @ 7.0% cap · market cap 18.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 62232, IL
7,547
Population
3,082
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
12.8 sq mi
ZIP Area
590
Density / Sq Mi
$64,268
Median Household Income
$42,485
Median Earnings
$1,077
Median Rent
$114,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Caseyville, Illinois, totaling 4,764 square feet.
Where is this mixed-use property located?
The property is located at 8853 Petroff Dr Caseyville, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Available for sale
