801 Lincoln Hwy Fairview Heights, IL 62208
- Banks
- 5,911 SF
- 0.80 lot acres
Current Use by Public Records
- Banks
Property Details for 801 Lincoln Hwy
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 0.80 lot acres
- Property size
- 5,911 SF
- Property type
- Banks
- APN
- 03-27-0-215-025
- APU
- 3270215025
Description
This exceptional 5,808-square-foot retail space is ideally situated at 801 Lincoln Hwy in Fairview Heights, Illinois, within St. Clair County. The property offers a single-tenant occupancy, providing a blank canvas for a wide range of retail businesses. The entire building is currently vacant, presenting a unique opportunity for a business seeking a substantial and highly visible location. The address boasts excellent street frontage on Lincoln Highway, ensuring high traffic visibility and accessibility for customers. The building's total square footage is 5,808 square feet, providing ample space for a large-scale retail operation or a business requiring significant storage or display area. Located in the vibrant Fairview Heights community, this property benefits from a strong local economy and a dense population base, offering a significant potential customer pool. The 62208 zip code is known for its convenient access to major transportation routes, further enhancing the property's appeal to businesses seeking optimal logistical advantages. This is a rare opportunity to secure a prominent retail space in a thriving Illinois market. The property is ready for immediate occupancy, allowing for a swift and efficient business launch. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,765,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,210,000
- 7%
- $1,265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,370,000
- Geo Method
- $1,530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,500,000
- Retail
- $1,275,000
- Mixed-Use
- $1,235,000
- Hospitality
- $1,445,000
- Educational
- $1,290,000
- Residential Income
- $1,430,000
- Energy
- $1,540,000
- Income-Based Land
- $1,310,000
- Food Service
- $1,165,000
Location Insight
- Map
- Local Demand
- City
- Fairview Heights
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9736
- Latitude
- 38.593
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
