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    150 Waterloo Cmns Dr Waterloo, IL 62298

    Sponsored
    For Lease
    Contact for pricing

    Illinois Retail Land: Multiple Outlots Available

    Lot size:
    212,574 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional retail land opportunity in Waterloo, Illinois, at the highly visible intersection of Illinois Route 3 and N Market St. This prime location within the established Waterloo Commons shopping center offers multiple outlots ranging from 0.56 to 1.18 acres. The center boasts a strong tenant mix, anchored by Schnucks grocery store, and includes a variety of national and regional retailers, ensuring high consumer traffic. This development presents a unique chance to capitalize on the significant draw from surrounding communities such as Columbia, Millstadt, and Redbud. The property is zoned for commercial use and is ideal for a variety of retail developments, offering significant potential for growth and return on investment. The available land parcels provide flexibility for various building sizes and configurations, catering to a range of business needs. With its strategic location and established retail environment, this is an exceptional opportunity to establish a thriving business in a high-traffic area. The property is situated in Monroe County, Illinois, and offers easy access to major roadways, ensuring convenient access for customers and employees. The site's visibility and proximity to other successful businesses make it an attractive location for new retail ventures. Serious inquiries are encouraged to explore this exceptional investment opportunity.

    Property Features for 150 Waterloo Cmns Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    212,574 SF

    Unit(s) available at that property

    Space
    Outlot 9
    Size
    33,977 SF
    Space
    Outlot 10
    Size
    36,155 SF
    Space
    Outlot 11
    Size
    37,462 SF
    Space
    Outlot 12
    Size
    51,401 SF
    Space
    Outlot 2
    Size
    34,848 SF
    Space
    Outlot 8
    Size
    18,731 SF

    HighLights

    • Schnucks‑anchored Waterloo Commons retail center.
    • Strong tenant mix of national and regional retailers driving high traffic.
    • High‑visibility location at IL Hwy 3 (15,000 VPD) and N Market St (11,000 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.1528653
    Latitude
    38.3527395

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    Nearby Similar for Lease

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      Waterloo, IL Mixed-Use Opportunity

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      View Details

    FAQs

    What type of property is this?
    Individual retail property - Illinois Retail Land: Multiple Outlots Available
    Where is this individual retail property located?
    The property is located at 150 Waterloo Cmns Dr Waterloo, IL.
    What are key features of this property?
    This property features: Schnucks-anchored Waterloo Commons retail center.; Strong tenant mix of national and regional retailers driving high traffic.; High-visibility location at IL Hwy 3 (15,000 VPD) and N Market St (11,000 VPD).
    Request Owner's contact information
    150 Waterloo Cmns Dr Waterloo, IL 62298
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    Waterloo, IL 62298
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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

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    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
    150 Waterloo Cmns Dr Waterloo, IL 62298
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