Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    230 Obernuefemann Rd O Fallon, IL 62269

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    O'Fallon warehouse space featuring a 5-ton monorail crane.

    Property Features for 230 Obernuefemann Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1969

    We can help!

    Listing Contact
    Steve Zuber- Sior, Ccim
    Source: Crexi

    Listing Agency: Barbermurphy Group Listing Agent: Steve Zuber- Sior, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Clear Span Warehouse with Crane

    The property features clear span warehouse space equipped with a 5-ton monorail for a crane. The insulated and heated space provides a comfortable environment throughout the year. Access is facilitated by one 8' x 10' dock door and one 12' x 12' grade-level door. The property includes 1,654 square feet of office space located on the second floor. This temperature-controlled office area is well-lit with LED lighting and includes a conference room and one private office. Situated on a 2.55-acre property in O'Fallon, Illinois, the location offers convenient access to Interstate 64 (Exits 14 & 19), facilitating transportation and logistics. Its proximity to St. Louis, Missouri, provides access to a major metropolitan area.
    Location Intelligence

    Current Use by Public Records

    Velocity Metalworks Metal Fabrication Plant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    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
    -89.9287199
    Latitude
    38.5949726

    Nearby Similar for Lease

    • Contact for pricing

      Executive Office Suite For Lease

      Executive office suite in O’Fallon, IL, near Interstate 64.
      9 Eagle Ctr, O Fallon, IL 62269
      View Details
    • $13 SF/Yr
      1,200 SF

      Retail Space on Hartman Lane

      1,200 SF retail space for lease in O’Fallon, IL.
      208-210 Hartman Ln, O Fallon, IL 62269
      View Details
    • Contact for pricing
      22,553 SF

      Retail Space Near Interstate 64

      Sublease opportunity in O'Fallon, IL with high visibility.
      1234 Central Park Dr, O Fallon, IL 62269
      View Details
    • Contact for pricing
      14,140 SF

      Furnished Office Space in O'Fallon

      Class A office space available for lease in O'Fallon.
      620 Pierce Blvd, O Fallon, IL 62269
      View Details
    • $29 SF/Yr
      2,730 SF

      Retail Space on Central Park

      High-profile retail space with ample parking and signage opportunities.
      1140 Central Park Dr, O Fallon, IL 62269
      View Details
    • Contact for pricing
      6,675 SF

      Retail Space Near Interstate 64

      Retail space with excellent visibility and access near St. Louis.
      700 Pierce Blvd, O Fallon, IL 62269
      View Details
    • Contact for pricing
      600 SF

      O'Fallon Office/Retail Space for Lease

      600 SF office/retail space in O'Fallon's downtown district.
      300-302 W State St, O Fallon, IL 62220
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Mixed-Use Development

      Retail space available near a 29-acre mixed-use development.
      1222 Central Park Dr, O Fallon, IL 62269
      View Details
    • Contact for pricing
      7,200 SF

      O'Fallon Retail Space Available

      Retail space available for lease in O'Fallon, Illinois.
      207 Scott Troy Rd, O Fallon, IL 62269
      View Details
    • Contact for pricing
      2,500 SF

      O'Fallon Office/Retail Space Available

      2,500 SF office/retail space in O'Fallon Downtown District.
      109 W 1St St, O Fallon, IL 62269
      View Details
    • Contact for pricing

      Executive Office Suite For Rent

      Executive office suite in Lakepoint Professional Center available for rent.
      1660 Essex Way, O Fallon, IL 62269
      View Details
    • Contact for pricing

      Class A Office Suite

      Well-maintained office suite near St Elizabeth’s Hospital and I-64.
      785 Wall St, O Fallon, IL 62269
      View Details

    FAQs

    What type of property is this?
    Flex space - O'Fallon warehouse space featuring a 5-ton monorail crane.
    Where is this flex space located?
    The property is located at 230 Obernuefemann Rd O Fallon, IL.
    What are key features of this property?
    This property features: - 5-ton monorail for crane in clear span warehouse; - Strategically located off Interstate 64 (Exit 14 & 19) in O’fallon, IL; - Insulated and heated warehouse space
    Request Owner's contact information
    230 Obernuefemann Rd O Fallon, IL 62269
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    230 Obernuefemann Rd
    O Fallon, IL 62269
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    230 Obernuefemann Rd O Fallon, IL 62269
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steve Zuber- Sior, Ccim
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!