67 Ludwig Dr Fairview Heights, IL 62208
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.