Frontage-Driven Retail Office
For Sale
Contact for pricing
187 Auto Court, O Fallon, IL 62269
A 3,096-square-foot office/showroom/retail building with B-2 zoning, floor-to-ceiling glass, and direct Interstate 64 visibility.
Property Size3,096 SF
Price / SF$274.55
Days on Market179
Property Features for 187 Auto Court
General Information
Standard status
Active
Size
3,096 SF
Property subtype
Retail, Office
Zoning
B-2 - General Business
Building Details
Year Built
1996
Listing Agency:
Barbermurphy Group
Listed By:
Katie Bush · License #475209285
(701) 213-3301
Source:
Crexi
Added: May 4
Changed: Oct 26
Last Checked: Oct 28 at 8:20AM
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 Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
187 Auto Court is a commercial office, showroom, and retail building totaling 3,096 square feet, zoned B-2 General Business. The layout includes four private offices, two restrooms, and an expansive open-concept showroom. Floor-to-ceiling glass on three sides creates a bright, highly visible interior environment with a 10-foot clear height.
The property sits on approximately 2.36 acres and provides 279 feet of frontage along Interstate 64. It is accessible from a signalized intersection and includes 205 parking spaces for customers and employees.
Traffic in the area is supported by approximately 25,786 cars per day on West Highway 50 and approximately 68,544 cars per day on I-64. The surrounding suburban retail corridor includes national anchors, and the site is an outparcel of Lincoln Crossing Shopping Center anchored by Home Depot and Walmart.
The property sits on approximately 2.36 acres and provides 279 feet of frontage along Interstate 64. It is accessible from a signalized intersection and includes 205 parking spaces for customers and employees.
Traffic in the area is supported by approximately 25,786 cars per day on West Highway 50 and approximately 68,544 cars per day on I-64. The surrounding suburban retail corridor includes national anchors, and the site is an outparcel of Lincoln Crossing Shopping Center anchored by Home Depot and Walmart.
Key Highlights
- 3,096 SF office/showroom/retail building on approx. 2.36 acres in O’Fallon, IL (62269), built in 1996
- Zoned B‑2 General Business and designed with an open‑concept showroom plus four private offices, 2 restrooms, and 10‑ft clear height
- 279 ft frontage with direct Interstate 64 visibility and access from a signalized intersection on W. Highway 50
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,935
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,700
$618.7K
Cap Rate 7%
$441,929
$441.9K
Cap Rate 9%
$343,722
$343.7K
Market Conditions
NOI Build-Up for 3,096 SF
Gross rent
$48.3K $15.60/SF
− Vacancy
−$4.1K −$1.33/SF
EGI
$44.2K $14.27/SF
− OpEx
−$13.3K −$4.28/SF
NOI
$30.9K $9.99/SF
Area
St. Clair County, IL
Vacancy
8.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,700
Cap Rate 7%
$441,929
Cap Rate 9%
$343,722
Alternative Uses
Best Use
Retail
$441.9K
$386.7K – $515.6K
NOI $30,935 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$732.9K
$641.3K – $855.1K
NOI $51,305 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
203k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Apparel 24%
Shops & Services 18%
Home Improvements & Furnishings 15%
Academy Sports + Outdoors
Apparel
48,921 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
30,062 visits/mo
0.1 miles
Culver's
Dining
27,423 visits/mo
0.3 miles
Aldi
Groceries
25,668 visits/mo
0.4 miles
McDonald's
Dining
24,277 visits/mo
0.4 miles
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 Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A 3,096-square-foot office/showroom/retail building with B-2 zoning, floor-to-ceiling glass, and direct Interstate 64 visibility.
Where is this retail space located?
The property is located at 187 Auto Court O Fallon, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,096 SF office/showroom/retail building on approx. 2.36 acres in O’Fallon, IL (62269), built in 1996; Zoned B‑2 General Business and designed with an open‑concept showroom plus four private offices, 2 restrooms, and 10‑ft clear height; 279 ft frontage with direct Interstate 64 visibility and access from a signalized intersection on W. Highway 50
