Building Details

Building Size 6,840 SF

Year Renovated 1992

Stories 1

Listing Agency: Barber Murphy

Listed By: Steve Zuber Show Phone

Source: Commercialcafe

Added: Jul 17 Changed: Oct 13 Last Checked: Oct 24 at 1:47PM

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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 Barber Murphy

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Investment Insights

Based on property information with market context.

This industrial office/warehouse offers a combined layout with approximately 1,920 SF of climate-controlled office space and 4,920 SF of clear-span warehouse area. The office includes a kitchen and bathrooms, along with three offices. The warehouse is supported by two shop bays and is served by two 14’ x 13’ drive-in doors. Additional site and building improvements include compressed air lines and 3-phase electric, supporting a range of light industrial needs.

The property sits on a 1.2-acre fenced lot and is zoned industrial. An adjoining 0.5-acre parcel is included. The site is located on Camp Jackson Rd. (IL Route 157), with access to I-255 (Exit 13) and proximity to the Jefferson Barracks Bridge into Missouri.

Key Highlights

• 6,840 SF office/warehouse with 1,920 SF climate‑controlled office and 4,920 SF clear‑span warehouse
• Office includes kitchen/bathrooms and (3) offices
• Warehouse has (2) shop bays with two 14’x13’ drive‑in doors, compressed air lines, and 3‑phase electric

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,688

Cap Rate

9.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,233,760 $1.2M

Cap Rate 7%

$881,257 $881.3K

Cap Rate 9%

$685,422 $685.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,840 SF

Gross rent

$102.6K $15.00/SF

− Vacancy

−$7.7K −$1.13/SF

EGI

$94.9K $13.88/SF

− OpEx

−$33.2K −$4.86/SF

NOI

$61.7K $9.02/SF

Area

St. Clair County, IL

Vacancy

7.50%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,233,760

Cap Rate 7%

$881,257

Cap Rate 9%

$685,422

Alternative Uses

Best Use

Office B

$1.13M

$991.1K – $1.32M (±1% cap)

NOI $79,289 @ 7.0% cap · market cap 11.75%

Second Best

Flex RnD

$881.3K

$771.1K – $1.03M (±1% cap)

NOI $61,688 @ 7.0% cap · market cap 9.14%

Theoretical Best

Office A

$1.62M

$1.42M – $1.89M (±1% cap)

NOI $113,349 @ 7.0% cap · market cap 16.79%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

ARK Carriers, LLC Trucking Company BExpress Truck And Trailer ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Drive-in doors

Yes

Heavy power

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

75

Businesses Nearby

Well-served

Demand for This Use

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Climate-controlled office space plus a clear-span warehouse featuring two drive-in doors on an industrial, fenced lot.

Where is this flex space located?

The property is located at 2626 Camp Jackson Rd East Saint Louis, IL.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: 6,840 SF office/warehouse with 1,920 SF climate‑controlled office and 4,920 SF clear‑span warehouse; Office includes kitchen/bathrooms and (3) offices; Warehouse has (2) shop bays with two 14’x13’ drive‑in doors, compressed air lines, and 3‑phase electric