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Property profile

300 Southview Plaza Anx O'Fallon, IL 62269

OFF-MARKET
Retail properties & Spaces
15,120 SF 4.9 ac lot
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Property summary

AI-generated overview

This exceptional 4.9-acre commercial property in O'Fallon, Illinois, presents a unique investment opportunity. The site features a proposed 15,120 square foot retail building, currently under development with an estimated Q1 2021 delivery date. A one-acre outlot is also immediately available for separate development. The retail center boasts a highly desirable location at the prominent intersection of Highway 50 and Lincoln Avenue, benefiting from combined daily traffic counts exceeding 35,000 vehicles. The property offers four points of ingress/egress for optimal accessibility. A drive-thru end-cap is included on the north side of the retail center. This location is strategically positioned within a thriving community, boasting over 10,000 residents within a one-mile radius, exhibiting an average household income exceeding $80,000. Furthermore, its proximity to O'Fallon High School (2,500 students, 200 employees) and Scott Air Force Base (41,203 population, $2.3 billion economic impact) ensures a robust and consistent customer base. This is a rare chance to acquire a high-traffic, well-located retail property in a rapidly growing area of Illinois. The property is zoned for commercial use and is ready for immediate development or lease. Contact us today to learn more about this exceptional investment opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 15,120 SF
Lot 4.9 ac (213,444 SF)

Cap rate & NOI

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

Location

300 Southview Plaza Anx O'Fallon, IL 62269
O'Fallon metro
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Value estimations

Realmo proprietary · 4 methods
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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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