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    Rte 116 Hwy Germantown Hills, IL 61548

    Sponsored
    For Sale
    $300,000

    11,200 SF Warehouse, Greenville, SC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This 11,200-square-foot Class B warehouse, built in 2019, is located in Greenville, SC's Fairfield Business Park. The property is zoned S-1 and features a single-tenant occupancy. The warehouse boasts a ceiling height ranging from 18 to 20 feet, ideal for various storage and distribution needs. Access is provided by one drive-in door measuring 12' x 14'. While there are no loading docks, the single drive-in door offers convenient access for loading and unloading. The building is equipped with 3-phase power. The property includes a fully fenced perimeter with a gated entry, enhancing security. A shared bathroom is conveniently located within the building. Separate office space is available for lease in an adjacent building. This property is currently available for lease at a rate of $8.00 per square foot, NNN, with estimated operating expenses of $1.55 per square foot, resulting in a total monthly cost of $2,229.24. The property's address is conveniently located near White Horse Road.

    Property Features for 0 Rte 116 Hwy

    General Information

    Property type
    Land

    HighLights

    • 11,200 SF Industrial Warehouse, Single‑Tenant Occupancy.
    • Class B building, constructed in 2019.
    • 18' to 20' clear ceiling height, one drive‑in door.
    • 3‑phase power; located near White Horse Road, S‑1 Zoning.
    • $8.00/SF NNN, estimated operating expenses $1.55/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Germantown Hills
    County
    Woodford
    State
    Illinois
    Longitude
    -89.4473898
    Latitude
    40.770436

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    FAQs

    What type of property is this?
    Land - 11,200 SF Warehouse, Greenville, SC
    Where is this land located?
    The property is located at Rte 116 Hwy Germantown Hills, IL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 11,200 SF Industrial Warehouse, Single-Tenant Occupancy.; Class B building, constructed in 2019.; 18' to 20' clear ceiling height, one drive-in door.
    Request Owner's contact information
    Rte 116 Hwy Germantown Hills, IL 61548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Rte 116 Hwy Germantown Hills, IL 61548
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