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Property profile

501 Schwartz Rd Centralia, IL 62801

OFF-MARKET
Warehouses
26,680 SF 4.31 ac lot Built 1984
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Property summary

AI-generated overview

This exceptional Centralia, IL industrial property presents a significant investment opportunity. Situated on a 4.31-acre lot, the complex comprises three buildings totaling 26,680 square feet. The main building boasts over 1,900 square feet of office/conference space, restrooms, and storage, complemented by a spacious 5,900+ square foot shop area featuring 15+ foot clear ceiling height, insulation, metal lining, heating, a 400-amp service, and four 14'x14' overhead doors with operators. Building #2 offers 12,000 square feet of fully insulated, metal-lined space with a concrete floor slab, heating, a 200-amp service, lighting, and two 35'x15' power sliding doors. Building #3, spanning over 6,500 square feet, provides unfinished interior space with a rock floor, power, lighting, and two 32'x15' power sliding doors. The property also includes approximately 1.5 acres of paved lot between the structures. Built in 1984, this property is zoned without specific zoning restrictions and offers ample parking (20 spaces per unit) for the three units. The asking price is $679,000. This versatile property is ideal for a variety of commercial, warehouse, flex, or manufacturing uses.

Property profile

Verified
Property type Warehouses
Year built 1984
Total area 26,680 SF
Lot 4.31 ac (187,744 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

501 Schwartz Rd Centralia, IL 62801-501
Centralia metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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