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    2050 Wagner St Vandalia, IL 62471

    Sponsored
    For Sale
    $475,000

    7,500 SF Light Industrial Warehouse

    Property size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This 7,500-square-foot light industrial warehouse, situated on a 4.2-acre lot in Vandalia, Illinois, presents a compelling investment opportunity. Built in 2007, the property boasts a 14-foot ceiling height and a clear span design, maximizing usable space. The warehouse features a 12' x 14' drive-in door, enhancing accessibility for loading and unloading. Essential infrastructure includes a trench drain and oil separator. The property benefits from ample parking with 20 spaces available. The building is equipped with LED lighting and a 240 AMP, 3-phase, 440-volt electrical service. The concrete floor is 6 inches thick. The property is zoned for light industrial use and enjoys a convenient location off Highway 51, just 2.5 miles from I-70, Exit 63. This strategic position offers easy access to major transportation routes, placing it within 70 miles of St. Louis, Missouri

    Property Features for 2050 Wagner St

    General Information

    Property type
    Distribution properties
    Square Feet
    7,500 SF
    Lot Size
    182,952 SF

    Building Details

    Year Built
    2007

    HighLights

    • One (1) 12' x 14' drive‑in door.
    • LED lighting.
    • 2022 property taxes: $2,612.
    • 6" thick concrete floor.
    • 240 AMP, 3‑phase, 440‑volt electrical service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Vandalia
    County
    Fayette
    State
    Illinois
    Longitude
    -89.102305
    Latitude
    38.986463

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    FAQs

    What type of property is this?
    Distribution property - 7,500 SF Light Industrial Warehouse
    Where is this distribution property located?
    The property is located at 2050 Wagner St Vandalia, IL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: One (1) 12' x 14' drive-in door.; LED lighting.; 2022 property taxes: $2,612.
    Request Owner's contact information
    2050 Wagner St Vandalia, IL 62471
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    Vandalia, IL 62471
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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
    2050 Wagner St Vandalia, IL 62471
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