Retail Showroom and Office
187 Auto Ct O Fallon, IL 62269
For Sale
Contact for pricing
B-2 zoned building with an open-concept showroom and four private offices.
Property Size3,096 SF
Lot Size2.36 Acres
Price / SF$274.55
Days on Market87
Property Features for 187 Auto Ct
General Information
Standard status
Active
Size
3,096 SF
Lot size
2.36 Acres
Property subtype
RETAIL
Listing Agency:
BARBERMurphy
(618) 420-2376
Listed By:
Collin Fischer
(618) 420-2376
Source:
Moodyscre
Added: May 4
Changed: Jul 28
Last Checked: Jul 29 at 3:52PM
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
Investment Insights
Based on property information with market context.
187 Auto Court is a multi-use office, showroom, and retail building totaling 3,096 square feet, built with a functional layout that includes four private offices and two restrooms. The showroom is open-concept and features floor-to-ceiling glass on three sides, creating a bright, highly visible space with a stated 10-foot clear height.
The property provides 279 feet of frontage along Interstate 64 and is described as easily accessible from a signalized intersection at West Highway 50. The site includes 205 parking spaces. Area traffic is reported at approximately 25,786 cars per day on West Highway 50 and 68,544 cars per day on I-64. The surrounding retail corridor is anchored by national retailers, and 187 Auto Court is noted as an outparcel of Lincoln Crossing Shopping Center, anchored by Home Depot and Walmart. The parcel “may be combined with adjacent parcels” to create up to approximately 8.28 acres of contiguous land.
The property provides 279 feet of frontage along Interstate 64 and is described as easily accessible from a signalized intersection at West Highway 50. The site includes 205 parking spaces. Area traffic is reported at approximately 25,786 cars per day on West Highway 50 and 68,544 cars per day on I-64. The surrounding retail corridor is anchored by national retailers, and 187 Auto Court is noted as an outparcel of Lincoln Crossing Shopping Center, anchored by Home Depot and Walmart. The parcel “may be combined with adjacent parcels” to create up to approximately 8.28 acres of contiguous land.
Key Highlights
- 3,096 SF office/showroom/retail building on approx. 2.36 acres in O’Fallon, IL (62269), zoned B‑2 General Business.
- 279 feet of frontage along I‑64 with accessibility from a signalized intersection on W. Highway 50.
- Open‑concept showroom with floor‑to‑ceiling glass on three sides for strong exterior visibility and natural light.
Financial Insights For Office B
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 | $59.4k | $19.20 |
| − Vacancy | −$11.6k | −$3.74 |
| EGI | $47.9k | $15.46 |
| − OpEx | −$12.0k | −$3.86 |
| NOI | $35.9k | $11.59 |
3,096 SF · lease $19.20/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$512.7K
$448.6K – $598.2K
NOI $35,889 @ 7.0% cap · market cap 4.22%
Second Best
Retail
$441.9K
$386.7K – $515.6K
NOI $30,935 @ 7.0% cap · market cap 3.64%
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.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Showroom - B-2 zoned building with an open-concept showroom and four private offices.
Where is this showroom located?
The property is located at 187 Auto Ct 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), zoned B‑2 General Business.; 279 feet of frontage along I‑64 with accessibility from a signalized intersection on W. Highway 50.; Open‑concept showroom with floor‑to‑ceiling glass on three sides for strong exterior visibility and natural light.
