Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    9510 St Clair Ave Fairview Heights, IL 62208

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9510 St Clair Ave Fairview Heights, IL 62208

    View on Map
    • Warehouses
    • 37,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 9510 St Clair Ave

    Property size
    37,000 SF
    Property type
    Warehouses
    Property subtype
    Office properties & Spaces

    Description

    This exceptional Fairview Heights, IL property offers 27,000 square feet of readily available warehouse and manufacturing space for lease within a larger 37,000 square foot building. The space boasts a desirable location on St. Clair Avenue, conveniently situated across from the Fairview Heights Metro Link Station and within three miles of Interstates 64 and 255, ensuring excellent accessibility. The building itself features a two-story design with a substantial 14- to 20-foot ceiling height, providing ample vertical space for various operational needs. The warehouse area includes 19,000 square feet of insulated and heated space, complemented by 8,000 square feet of office space. Loading and unloading are facilitated by three drive-in doors and one covered dock-high door. Further enhancing efficiency are two overhead lifts, each with a two-ton capacity. Security features are in place for peace of mind. The property sits on a generous 2.92-acre lot with 740 feet of frontage. On-site parking accommodates 20 vehicles. The building is equipped with three-phase, 2000 AMP, 240-480V power. An elevator is also available. The property is zoned B-4 and underwent renovations in 1990. This is a single-tenant building with ample space for manufacturing or warehouse operations, offering a blend of functionality and strategic location. The property's features include a clear span design and multiple overhead doors. The parcel number is 0225201055

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Heights
    County
    St Clair
    State
    Illinois
    Longitude
    -90.0439
    Latitude
    38.5952

    Comparable in this City

    • Value Estimation by Request
      13,049 SF

      317 Lincoln Hwy

      Distribution properties • 13,049 SF
      317 Lincoln Hwy, Fairview Heights, IL 62208
      View Details
    • Value Estimation by Request

      5105 Illinois St

      Distribution properties
      5105 Illinois St, Fairview Heights, IL 62208
      View Details
    • Value Estimation by Request
      37,000 SF

      9510 St Clair Ave

      Distribution properties • 37,000 SF
      9510 St Clair Ave, Fairview Heights, IL 62208
      View Details
    • Value Estimation by Request
      41,593 SF

      13 Executive Dr

      Flex space • 41,593 SF
      13 Executive Dr, Fairview Heights, IL 62208
      View Details
    • Value Estimation by Request
      4,000 SF

      5036 Illinois St

      Medical Office Space • 4,000 SF
      5036 Illinois St, Fairview Heights, IL 62208
      View Details
    • Value Estimation by Request
      1,067,610 SF

      134 St Clair Sq

      Restaurants • 1,067,610 SF
      134 St Clair Sq, Fairview Heights, IL 62208
      View Details

    Similar Nearby for Sale

    • $1,239,000
      5,080 SF

      Fairview Heights Office Building

      Office building for sale in Fairview Heights, Illinois.
      5 Ludwig Dr, Fairview Heights, IL 62208
      View Details
    • Contact for pricing
      1,680 SF

      Fairview Heights Office For Sale

      1,680 SF office space in high-traffic area.
      10326 Lincoln Trl, Fairview Heights, IL 62208
      View Details
    • $225,000
      1,257 SF

      Fairview Heights Retail Opportunity

      Retail property in high-traffic area near major retailers.
      5105 N Illinois St, Fairview Heights, IL 62208
      View Details
    • Contact for pricing
      85,603 SF

      Retail Property For Sale

      85,603 SqFt retail property with 8.00% CAP rate.
      6601 N Illinois St, Fairview Heights, IL 62208
      View Details
    • Contact for pricing

      O'Fallon Development Land

      59.5 acres of land for sale in O'Fallon, Illinois.
      Prime Development Land, O Fallon, IL 62208
      View Details
    • $39,900
      1.04 Acres

      Stonewolf Subdivision Wooded Homesite

      One-acre wooded lot in Stonewolf Subdivision, build your dream home.
      1078 Blackwolf Ct, Fairview Heights, IL 62208
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse/Office Space For Lease

      Warehouse and office space available for lease near major interstates.
      9510 St Clair Ave, Fairview Heights, IL 62208
      View Details
    • Contact for pricing

      Fairview Heights Office/Flex Space Available

      Turnkey office/flex space with warehouse in premier business center.
      15 Executive Dr, Fairview Heights, IL 62208
      View Details
    • Contact for pricing

      Office/Flex Space Near St. Louis

      Premier business center offering flexible office and warehouse spaces.
      13 Executive Dr, Fairview Heights, IL 62208
      View Details
    • Contact for pricing

      Retail with Warehouse Space

      13,049 SF retail/warehouse space near St Clair Square.
      317 Lincoln Hwy, Fairview Heights, IL 62208
      View Details
    • Contact for pricing

      Retail Space in Fairview Heights

      Retail and warehouse space in a high-traffic area.
      10 Lincoln Hwy, Fairview Heights, IL 62208
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9510 St Clair Ave
    Fairview Heights, IL 62208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    9510 St Clair Ave, Fairview Heights, IL, 62208

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!