130 Ludwig DrFairview Heights, IL 62208

  • Other commercial real estate
  • 6,608 SF
For Lease
$14/SF/YR View listing

Property Details for 130 Ludwig Dr

Year built
1993
Construction
FRAME
Lot size
1.61 AC
Property size (Sq ft)
6,608 SF
Property type
Other commercial real estate
APN
03-21-0-404-011
APU
3210404011

Description

This exceptional 6,400-square-foot commercial property, located at 130 Ludwig Drive in Fairview Heights, Illinois, presents a unique opportunity for a restaurant or retail business. Situated on a spacious 1.61-acre lot in St. Clair County, the property boasts ample parking, ensuring convenient access for customers. The entire 6,400 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The building's single-tenancy structure provides complete autonomy and control. Its strategic location offers significant advantages, being adjacent to a high-performing Red Lobster restaurant, guaranteeing high visibility and foot traffic in a bustling commercial area. The property's zoning allows for a variety of uses, making it an ideal location for a diverse range of businesses seeking a prominent presence in a thriving community. The zip code is 62208. This property is ready for immediate occupancy, offering a chance to establish a successful enterprise in a prime commercial location with excellent accessibility and high visibility. The ample parking ensures a smooth and convenient experience for customers and employees alike. This is a rare opportunity to secure a substantial space in a desirable location with high potential for growth and success.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,847,096
    Hospitality
    $1,691,930
    Educational
    $1,407,666
    Medical
    $1,456,077
    Retail
    $2,189,702
130 Ludwig Dr, Fairview Heights, Illinois
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Location Insight

City
Fairview Heights
County
St. Clair
State
Illinois
Latitude
38.6006
Longitude
-89.9929
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,951
$140,752
$80,312
$221,064
-
$422,256
$240,936
$663,192

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