Manufacturing Facility with Three-Phase
15 PRODUCTION PKWY, East Saint Louis, IL 62206
For Sale
New
Contact for pricing
A dedicated paint and dry booth complements warehouse, production, and administrative areas.
Property Size26,540 SF
Lot Size2.60 Acres
Price / SF$79.13
Days on Market7
Property Features for 15 PRODUCTION PKWY
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Clear Span
Warehouse Space
Office Build-Out
Three-Phase Power
Additional Details
Currently Operating
Property Use
Building Details
Building Size
Listing Agency:
BARBERMurphy
(618) 277-4400
Listed By:
John L Eichenlaub · License IL #471004100
(618) 570-8344
Source:
Moodyscre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 8 at 8:19AM
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
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Investment Insights
Based on property information with market context.
This 26,540-square-foot manufacturing property combines production, warehouse, and office functions on a 2.6-acre site. The 22,800-square-foot warehouse includes a tool and equipment area, multiple access points, additional overhead doors, and two sliding doors measuring 16' x 40'. Three-phase power serves the facility, which also has a separate paint and dry booth. Equipment is excluded from the sale.
The 3,740-square-foot office component includes seven private offices, a conference room, file room, reception area, break room, laundry room, and a bathroom with a shower. Yard area, parking, and space for truck and equipment maneuvering are also provided. The property is located minutes from I-164.
The 3,740-square-foot office component includes seven private offices, a conference room, file room, reception area, break room, laundry room, and a bathroom with a shower. Yard area, parking, and space for truck and equipment maneuvering are also provided. The property is located minutes from I-164.
Key Highlights
- 26,540 SF manufacturing facility on 2.6 acres
- 22,800 SF warehouse with three‑phase power
- Two sliding doors measuring 16' x 40', plus additional overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,646
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,412,920
$3.4M
Cap Rate 7%
$2,437,800
$2.4M
Cap Rate 9%
$1,896,067
$1.9M
Market Conditions
NOI Build-Up for 26,540 SF
Gross rent
$258.0K $9.72/SF
− Vacancy
−$14.2K −$0.53/SF
EGI
$243.8K $9.19/SF
− OpEx
−$73.1K −$2.76/SF
NOI
$170.6K $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%
$3,412,920
Cap Rate 7%
$2,437,800
Cap Rate 9%
$1,896,067
Alternative Uses
Best Use
Flex RnD
$3.42M
$2.99M – $3.99M
NOI $239,358 @ 7.0% cap · market cap 11.40%
Second Best
Warehouse
$2.96M
$2.59M – $3.45M
NOI $207,213 @ 7.0% cap · market cap 9.87%
Theoretical Best
Office A
$6.28M
$5.50M – $7.33M
NOI $439,808 @ 7.0% cap · market cap 20.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 62206, IL
12,929
Population
6,586
Households
2
Avg Household Size
34
Median Age
12%
College-Educated
86%
High-School Grad
14.5 sq mi
ZIP Area
892
Density / Sq Mi
$39,520
Median Household Income
$27,611
Median Earnings
$1,021
Median Rent
$57,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - A dedicated paint and dry booth complements warehouse, production, and administrative areas.
Where is this manufacturing property located?
The property is located at 15 PRODUCTION PKWY East Saint Louis, IL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 26,540 SF manufacturing facility on 2.6 acres; 22,800 SF warehouse with three‑phase power; Two sliding doors measuring 16' x 40', plus additional overhead doors
