Single-User Industrial
4616 Enterprise Drive Bartonville, IL 61607
4616 Enterprise Drive, Bartonville, IL, 61607
Contact for pricing
For Sale
Contact for pricing
Single-user industrial facility with enclosed warehouse/office, covered dock staging, and four dock doors on a fenced yard lot.
Property Size24,400 SF
Lot Size5.15 Acres
Price / SF$79.92
Days on Market65
Property Features for 4616 Enterprise Drive
General Information
- Standard status
- Active
- Size
- 24,400 SF
- Lot size
- 5.15 Acres
- Property subtype
- Industrial
Listing agency
Main Place Real Estate
(217) 454-8800
Listed by
Zane Peterson · License #471020044
Source
Crexi
Added: May 18 Updated: Jul 20 at 11:33PM Checked: Jul 21 at 7:05AM
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 Main Place Real Estate
Investment Insights
Based on property information with market context.
This single-user industrial facility includes approximately 24,400 square feet of enclosed warehouse and office space, along with an additional 16,000 square feet of covered open dock staging area, for a total covered building area of approximately 40,000 square feet. The property is situated on a 5.15-acre double-parcel lot and features concrete parking, a fenced yard area, and functional loading infrastructure with four dock doors and two drive-in overhead doors for shipping, receiving, and material handling. The office buildout includes multiple perimeter executive offices, a conference room, open bullpen/work area, and a breakroom.
The property is located in the Bartonville Industrial Park within the Peoria MSA and is positioned about 2 miles from Interstate I-474, supporting regional connectivity across Central Illinois.
With a mix of enclosed warehouse space, covered staging, and yard area, the facility is configured to support a range of industrial operations, including distribution and warehousing, contractor services, light manufacturing, fleet use, or other service-related industrial needs in the Greater Peoria market.
The property is located in the Bartonville Industrial Park within the Peoria MSA and is positioned about 2 miles from Interstate I-474, supporting regional connectivity across Central Illinois.
With a mix of enclosed warehouse space, covered staging, and yard area, the facility is configured to support a range of industrial operations, including distribution and warehousing, contractor services, light manufacturing, fleet use, or other service-related industrial needs in the Greater Peoria market.
Key Highlights
- Single‑user industrial facility in the Bartonville Industrial Park (Peoria MSA) on a 5.15‑acre double‑parcel lot
- About 24,400 SF enclosed warehouse and office space plus about 16,000 SF covered open dock staging (approx. 40,000 SF total covered area)
- Loading and access include 4 dock doors and 2 drive‑in overhead doors for truck shipping, receiving, and material handling
Local Financial Insights For Warehouse
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 | $210.8k | $8.64 |
| − Vacancy | −$12.2k | −$0.50 |
| EGI | $198.6k | $8.14 |
| − OpEx | −$29.8k | −$1.22 |
| NOI | $168.8k | $6.92 |
24,400 SF · lease $8.64/SF/yr · vacancy 5.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.41M
$2.11M – $2.81M
NOI $168,800 @ 7.0% cap · market cap 8.66%
Second Best
Industrial
$1.78M
$1.56M – $2.08M
NOI $124,564 @ 7.0% cap · market cap 6.39%
Theoretical Best
Multifamily LT 5
$21.34M
$18.68M – $24.90M
NOI $1,494,142 @ 7.0% cap · market cap 76.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
Similar Off Market Nearby
- Bartonville Self Storage — 4308 S Ricketts Ave A, Bartonville, IL 61607
- Adams Street Mini Storage — 7305 S Adams St, Bartonville, IL 61607
- Garrison Properties Inc. — 7402 S Adams St, Bartonville, IL 61607
- Garrison Properties Mini Storage — 7402 S Adams St, Bartonville, IL 61607
- Freedom Mini Storage — 4413 Entec Dr, Bartonville, IL 61607
FAQs
What type of property is this?
Warehouse - Single-user industrial facility with enclosed warehouse/office, covered dock staging, and four dock doors on a fenced yard lot.
Where is this warehouse located?
The property is located at 4616 Enterprise Drive Bartonville, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Single‑user industrial facility in the Bartonville Industrial Park (Peoria MSA) on a 5.15‑acre double‑parcel lot; About 24,400 SF enclosed warehouse and office space plus about 16,000 SF covered open dock staging (approx. 40,000 SF total covered area); Loading and access include 4 dock doors and 2 drive‑in overhead doors for truck shipping, receiving, and material handling
