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    OFF-MARKET
    Warehouses

    104 St. Clair Ave, East St. Louis, IL 62207

    13,200 SF Built 1940
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property presents a rare opportunity in the Metro East, SW Illinois submarket of St. Louis MSA. The offering encompasses a 13,200 square foot warehouse situated on a substantial 8.33-acre lot, featuring a convenient KCS rail spur. Built in 1940 and renovated in 2012, the property includes two single-story buildings with ceiling heights ranging from 14 to 18 feet. The warehouse boasts ample parking with capacity for 100+ vehicles and benefits from 3-phase power. The property is fully fenced and features improved surface throughout. The site enjoys excellent frontage along St. Clair Avenue, measuring 538 feet. Currently vacant, the entire 13,200 square feet is available for lease. The property is zoned M-2 Heavy Industrial, aligning perfectly with various industrial uses. An additional 6 acres of adjacent land is also available for lease at a rate of $1,500 per acre, per month, NNN. The property's location in East St. Louis, IL (zip code 62207) provides easy access to major transportation routes. This property is ideal for businesses requiring rail access, substantial warehouse space, and ample outdoor storage. The property's history as a former lumber yard adds to its unique character and potential. Consider this prime location for your next industrial venture.

    Property profile
    Verified
    Property type Warehouses
    Year built 1940
    Total area 13,200 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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