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Multi-Building Office Park
For Sale
$1,000,000

504 Ohara Drive, Troy, IL 62294

Office park in Troy, IL with three buildings totaling 11,900 ft² and approximately 75 parking spaces.

Property Size11,900 SF
Price / SF$84.03
Days on Market53

Property Features for 504 Ohara Drive

General Information

Standard status Active
Size 11,900 SF
Total Parking Spaces 75
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,512

Building Details

Building Size 11,900 SF
Year Built 1997
Buildings 3
Listing Agency: Manor Real Estate
Listed By: Caleb Anthonis · License #2021000758
Source: Century21laclede
Added: Jul 2 Changed: Aug 23 Last Checked: Aug 22 at 7:32AM

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 Manor Real Estate

Investment Insights

Based on property information with market context.

This office park in Troy, IL includes three separate buildings at 505 Buckeye, 500 Ohara, and 504 Ohara, providing a combined total of 11,900 ft² of versatile office space. The property is designed for a range of business uses and includes approximately 75 parking spaces for tenant and client needs.

The campus is conveniently located near highways 55 and 70, supporting strong accessibility and visibility. It is also positioned within the expanding Madison County market.

With multiple buildings under one ownership structure, the property may fit businesses seeking flexible office configurations within an established parking-supported office park setting.

Key Highlights

  • Office park in Troy, IL built in 1997, with three buildings: 505 Buckeye, 500 Ohara, and 504 Ohara
  • Total of 11,900 ft² of office space across the three buildings
  • Approximately 75 parking spaces for tenants and clients

Property Analytics

Current Use

Slc Transportation Inc Trucking Company First Step DUI ... Physician

Suggested Use

Top Pick Law Firm Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 62294, IL

15,431
Population
6,138
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
98%
High-School Grad
29.5 sq mi
ZIP Area
523
Density / Sq Mi
$108,418
Median Household Income
$57,002
Median Earnings
$1,069
Median Rent
$255,700
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?
Office building - Office park in Troy, IL with three buildings totaling 11,900 ft² and approximately 75 parking spaces.
Where is this office building located?
The property is located at 504 Ohara Drive Troy, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Office park in Troy, IL built in 1997, with three buildings: 505 Buckeye, 500 Ohara, and 504 Ohara; Total of 11,900 ft² of office space across the three buildings; Approximately 75 parking spaces for tenants and clients
More about this property
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