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    67 Ludwig Dr Fairview Heights, IL 62208

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, I-64 & Route 159

    Lot size:
    198,837 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Fairview Heights Plaza, a prominent 198,837 square foot shopping center in Fairview Heights, IL, presents a unique investment opportunity. This established center boasts two single-story buildings, offering 13 suites with 94,732 square feet currently vacant, ranging from 1,473 to 33,541 square feet. Situated on a 19.73-acre lot at the Northwest corner of I-64 and Route 159, the property benefits from exceptional visibility and high traffic counts exceeding 75,500 vehicles per day. Existing anchors include Guitar Center, Urban Air Trampoline Park, and American Freight Furniture and Mattress, creating a strong tenant mix and drawing significant consumer traffic. The property features 996 parking spaces and is zoned for retail use. Built in 1990, this center offers a solid foundation for future growth and development. The property's location within the regional retail hub of Fairview Heights, just 13 miles east of downtown St. Louis, provides access to a large and affluent consumer base. Gross lease structures are available. The property's APN is 03210400031, and it's located at 67 Ludwig Dr, Fairview Heights, IL 62208. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving market.

    Property Features for 67 Ludwig Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    198,837 SF

    Building Details

    Year Built
    1990
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 8
    Size
    31,310 SF
    Space
    73 Ludwig Drive
    Size
    4,030 SF
    Space
    57-101 Ludwig Drive
    Size
    1,680 SF
    Space
    Available Lot
    Size
    33,541 SF
    Space
    59 Ludwig Drive
    Size
    1,473 SF

    HighLights

    • Prominent pylon and building signage available.
    • Landlord will consider gross lease structures.
    • Zoned for retail use.
    • Highly visible location at I‑64 and Route 159, with over 75,500 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Heights
    County
    St Clair
    State
    Illinois
    Longitude
    -89.99039487
    Latitude
    38.60214013

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, I-64 & Route 159
    Where is this retail property located?
    The property is located at 67 Ludwig Dr Fairview Heights, IL.
    What are key features of this property?
    This property features: Prominent pylon and building signage available.; Landlord will consider gross lease structures.; Zoned for retail use.
    Request Owner's contact information
    67 Ludwig Dr Fairview Heights, IL 62208
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    Fairview Heights, IL 62208
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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
    67 Ludwig Dr Fairview Heights, IL 62208
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