Intermodal & Transloading Site For
2401 Mississippi Ave East St Louis, IL 62201
2401 Mississippi Ave, East St Louis, IL, 62201
Contact for pricing
For Sale
Contact for pricing
Active rail spurs and warehouse space on 35.12 acres.
Property Size91,558 SF
Lot Size35.12 Acres
Price / SF$76.45
Days on Market688
Property Features for 2401 Mississippi Ave
General Information
- Standard status
- Active
- Size
- 91,558 SF
- Lot size
- 35.12 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1972
Listing Agency
Barbermurphy Group
(618) 277-4400
Listed by
Steve Zuber- SIOR, CCIM · License #IL 475.115449
Source
Crexi
Added: Aug 29, 2024 Checked: Jul 16 at 10:00 am
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
Investment Insights
Based on property information with market context.
This property is an intermodal and transloading site featuring two active rail spurs served by CPKC and Terminal Railroad, totaling 4,580 linear track feet. It includes three active transloading stations served by CPKC rail lines, along with three above-ground storage tanks for bulk liquid storage. The site comprises approximately 91,558 square feet of total warehouse space on approximately 35.12 acres. Zoned for Heavy Industrial use, the property offers access to Barge (SCF Marine & Watco) and is located less than 1 mile from I-55, I-64, I-44, and I-70. Internal rail car switching services are available. The site also features certified truck scales and allows for outdoor storage. Contact Broker for Transloading Proposals.
Key Highlights
- Excellent intermodal & transloading site with (2) active rail spurs served by CPKC & Terminal Railroad totaling 4,580 linear track feet.
- (3) active transloading stations served by CPKC rail lines with (3) above ground storage tanks for bulk liquid storage.
- Total of +-91,558 total SF warehouse space on a total of +-35.12 acres.
Local Financial Insights For Industrial
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 | $889.9k | $9.72 |
| − Vacancy | −$48.9k | −$0.53 |
| EGI | $841.0k | $9.19 |
| − OpEx | −$252.3k | −$2.76 |
| NOI | $588.7k | $6.43 |
91,558 SF · lease $9.72/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$10.21M
$8.94M – $11.91M
NOI $714,847 @ 7.0% cap · market cap 10.21%
Second Best
Industrial
$8.41M
$7.36M – $9.81M
NOI $588,698 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$21.68M
$18.97M – $25.29M
NOI $1,517,255 @ 7.0% cap · market cap 21.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Route 3 Fuel ...
Gas Station
Eagle Industrial Park
Storage Facility
Bitcoin Depot ATM
Atm
Jiva Resources, Inc.
Recycling Center
Bitcoin Depot | Bitcoin ...
Atm
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FAQs
What type of property is this?
Truck terminal - Active rail spurs and warehouse space on 35.12 acres.
Where is this truck terminal located?
The property is located at 2401 Mississippi Ave East St Louis, IL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Excellent intermodal & transloading site with **(2) active rail spurs** served by CPKC & Terminal Railroad totaling 4,580 linear track feet.; **(3) active transloading stations** served by CPKC rail lines with (3) above ground storage tanks for bulk liquid storage.; Total of +-91,558 total SF warehouse space on a total of +-35.12 acres.
