O'Fallon Warehouse/Industrial Property For
For Sale
$1,300,000
1205 Paragon Drive, O Fallon, IL 62269
Warehouse/Industrial property available for sale in O'Fallon, Illinois.
Property Size16,380 SF
Days on Market147
Property Features for 1205 Paragon Drive
General Information
Standard status
Active
Size
16,380 SF
Property subtype
10/6/2026
Building Details
Building Size
16,380 SF
Listed By:
Keith Ziercher
(314) 746-0384
Source:
Cushmanwakefield
Added: May 21
Changed: Oct 7
Last Checked: Oct 12 at 4:48PM
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 Keith Ziercher
Investment Insights
Based on property information with market context.
This commercial real estate offering features a warehouse/industrial property located in O'Fallon, Illinois. The property is suitable for warehouse and industrial use.
Key Highlights
- Warehouse/Industrial property
- Located in O'Fallon, Illinois
- Property available for sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,320
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,106,400
$2.1M
Cap Rate 7%
$1,504,571
$1.5M
Cap Rate 9%
$1,170,222
$1.2M
Market Conditions
NOI Build-Up for 16,380 SF
Gross rent
$159.2K $9.72/SF
− Vacancy
−$8.8K −$0.53/SF
EGI
$150.5K $9.19/SF
− OpEx
−$45.1K −$2.76/SF
NOI
$105.3K $6.43/SF
Area
St. Clair County, IL
Vacancy
5.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,106,400
Cap Rate 7%
$1,504,571
Cap Rate 9%
$1,170,222
Alternative Uses
Best Use
Warehouse
$1.83M
$1.60M – $2.13M
NOI $127,888 @ 7.0% cap · market cap 9.84%
Second Best
Industrial
$1.50M
$1.32M – $1.76M
NOI $105,320 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$3.88M
$3.39M – $4.52M
NOI $271,441 @ 7.0% cap · market cap 20.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62269, IL
36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse/Industrial property available for sale in O'Fallon, Illinois.
Where is this warehouse located?
The property is located at 1205 Paragon Drive O Fallon, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Warehouse/Industrial property; Located in O'Fallon, Illinois; Property available for sale
