105 Regncy Park Plz Dr O'Fallon, IL 62269
- Neighborhood centers
- 10,086 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 105 Regncy Park Plz Dr
- Property size
- 10,086 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional single-story, Class B retail strip center, Regency Park Plaza, presents a prime investment opportunity in the thriving O'Fallon, IL market. Located at 105 Regency Park Plaza Drive, this property boasts a total of 10,086 square feet, situated on a 0.98-acre lot. Currently, there is 1,670 square feet of vacant space available for lease, offering considerable potential for expansion or new tenancy. The building features 51 total parking spaces, ensuring ample convenience for customers and employees. The property is zoned B-1, allowing for a variety of retail uses. Its strategic location near Hwy 50 within the St. Louis MSA, Metro St. Louis submarket (specifically the Metro East, SW Illinois, O'Fallon/Shiloh cluster) provides excellent visibility and accessibility. The property's APN is 03-25.0-326-003, and it's situated in St. Clair County, Illinois, zip code 62269. This is a rare opportunity to acquire a well-located retail property with significant upside potential in a rapidly growing area. The existing building is a single structure with multiple tenants. Serious inquiries are encouraged to explore this promising investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- O'Fallon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.939
- Latitude
- 38.5917
