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    187 Auto Ct O'Fallon, IL 62269

    Sponsored
    For Sale
    $1,300,000

    High-traffic, turnkey auto dealership

    Property size:
    3,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 3,104 square foot retail shopping center situated on a 2.38-acre lot in O'Fallon, Illinois. Located at 187 Auto Ct, 62269, this property boasts a prime location at a signalized intersection on Highway 50, enjoying high visibility and direct access. The site benefits from an impressive 25,700+ vehicles per day passing by, ensuring significant exposure. As an outparcel of the established Lincoln Crossing Shopping Center, this property enjoys the strong co-tenancy of Home Depot and Walmart, generating a combined $58.5 million in annual sales and driving substantial customer traffic. The existing building is a turnkey auto dealership, complete with 155 parking spaces, ready for immediate occupancy. Built in 1989, the property is zoned B2 Commercial, offering flexibility for various retail uses. This is a rare opportunity to acquire a well-positioned, high-traffic retail property in a thriving market. The asking price is $1,300,000.

    Property Features for 187 Auto Ct

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,104 SF
    Lot Size
    103,673 SF

    Building Details

    Year Built
    1989

    HighLights

    • High‑visibility corner lot at a signalized intersection on Hwy 50.
    • Excellent Hwy 50 frontage with 25,700+ VPD.
    • Outparcel to Lincoln Crossing Shopping Center, anchored by Home Depot and Walmart (combined $58.5M in annual sales).
    • Turnkey auto dealership building with 155 parking spaces.
    • 3,104 SF building on a 2.38‑acre lot, built in 1989, with B2 Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    O'Fallon
    County
    St Clair
    State
    Illinois
    Longitude
    -89.9595804
    Latitude
    38.5957293

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic, turnkey auto dealership
    Where is this lifestyle center located?
    The property is located at 187 Auto Ct O'Fallon, IL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: High-visibility corner lot at a signalized intersection on Hwy 50.; Excellent Hwy 50 frontage with 25,700+ VPD.; Outparcel to Lincoln Crossing Shopping Center, anchored by Home Depot and Walmart (combined $58.5M in annual sales).
    Request Owner's contact information
    187 Auto Ct O'Fallon, IL 62269
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    O'Fallon, IL 62269
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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
    187 Auto Ct O'Fallon, IL 62269
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