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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

67 Ludwig Dr Fairview Heights, IL 62208

198,837 SF 19.73 ac lot Built 1990
Property ID
Property summary
AI-generated overview

Fairview Heights Plaza, a prominent 198,837 square foot shopping center in Fairview Heights, IL, presents a unique investment opportunity. This established center boasts two single-story buildings, offering 13 suites with 94,732 square feet currently vacant, ranging from 1,473 to 33,541 square feet. Situated on a 19.73-acre lot at the Northwest corner of I-64 and Route 159, the property benefits from exceptional visibility and high traffic counts exceeding 75,500 vehicles per day. Existing anchors include Guitar Center, Urban Air Trampoline Park, and American Freight Furniture and Mattress, creating a strong tenant mix and drawing significant consumer traffic. The property features 996 parking spaces and is zoned for retail use. Built in 1990, this center offers a solid foundation for future growth and development. The property's location within the regional retail hub of Fairview Heights, just 13 miles east of downtown St. Louis, provides access to a large and affluent consumer base. Gross lease structures are available. The property's APN is 03210400031, and it's located at 67 Ludwig Dr, Fairview Heights, IL 62208. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 198,837 SF
Lot 19.73 ac (859,439 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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