1140 Central Park DrO'Fallon, IL 62269

  • Other commercial real estate
  • 9,800 SF
For Lease
$29/SF/YR View listing

Property Details for 1140 Central Park Dr

Year built
2008
Construction
FRAME
Lot size
1.08 AC
Property size (Sq ft)
9,800 SF
Property type
Other commercial real estate
APN
03-36-0-402-016
APU
3360402016

Description

This exceptional retail property, located at 1140 Central Park Drive in O'Fallon, Illinois, presents a unique opportunity for businesses seeking a prominent location. The entire 2,730 square foot space is currently available for lease, offering a blank canvas for a variety of retail concepts. Situated in St. Clair County, this property boasts excellent visibility and accessibility, making it an ideal choice for attracting customers. The building offers ample parking, with 55 spaces available, providing a convenient experience for shoppers and employees alike – a ratio of 5.6 parking spaces per 1,000 square feet. The property is classified as a multi-tenant building, although the entire space is currently vacant and available for lease as a single unit. The address is 1140 Central Park Drive, O'Fallon, IL 62269. This prime location offers businesses the chance to establish a strong presence in a thriving community. The property's size and parking provisions make it suitable for a wide range of retail uses. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is ready for immediate occupancy.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,565,064
    Hospitality
    $2,349,585
    Educational
    $1,954,827
    Medical
    $2,022,056
    Retail
    $3,040,842
1140 Central Park Dr, O'Fallon, Illinois
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Location Insight

City
O Fallon
County
St. Clair
State
Illinois
Latitude
38.5738
Longitude
-89.9311
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
$35,039
$141,861
$316,936
$458,797
-
$425,583
$950,808
$1,376,391

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