Listing Agency: BARBERMurphy Show Phone

Listed By: Cole Hensel · License #475203645 Show Phone

Source: Moodyscre

Added: Oct 3, 2024 Changed: Sep 8 Last Checked: Sep 13 at 5:57AM

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Investment Insights

Based on property information with market context.

This 21,000 square foot office/warehouse property is situated on 1.22 acres. The warehouse area features clear heights ranging from 8 to 12 feet, one 8' x 8' dock, one 10' x 10' drive-in door, and one 10' x 8' drive-in door. It is equipped with a 3-phase 240/120V 600 AMP electrical service. The office space encompasses 10,000 square feet and includes multiple private offices, conference rooms, and a kitchenette. The office area was renovated in 2020. The property is located 7 miles from I-70.

Key Highlights

• 10,000 SF renovated office space featuring private offices, conference rooms, and a kitchenette.
• 21,000 SF total space, offering a blend of office and warehouse functionality.
• Equipped with 3‑phase 240/120V 600 AMP electrical service.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Dental Office Electrical Service Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

465

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Oberbeck Grain Co — 700 Walnut St, Highland, IL 62249
• Storage Rentals of America — 71 Executive Dr, Highland, IL 62249
• Fifth Street Storage — 407 Washington St, Highland, IL 62249

Frequently Asked Questions

What type of property is this?

Warehouse - 21,000 SF office/warehouse property for sale.

Where is this warehouse located?

The property is located at 1405 Walnut St Highland, IL.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 10,000 SF renovated office space featuring private offices, conference rooms, and a kitchenette.; 21,000 SF total space, offering a blend of office and warehouse functionality.; Equipped with 3‑phase 240/120V 600 AMP electrical service.