715 Lakepointe Centre DrO'Fallon, IL 62269

  • Other commercial real estate
  • 15,600 SF
For Lease
$13/SF/YR View listing

Property Details for 715 Lakepointe Centre Dr

Year built
2001
Construction
WOOD
Lot size
1.86 AC
Property size (Sq ft)
15,600 SF
Property type
Other commercial real estate
APN
04-33-0-204-001
APU
4330204001

Description

This exceptional 15,600 square foot, single-story Lakepointe Centre in O'Fallon, Illinois, presents a unique investment opportunity. Built in 2003 and extensively renovated in 2019, this property boasts a desirable location on Highway 50, near the new McKendree Metro Rec Plex, providing excellent visibility and accessibility. The B-1 zoned building sits on a 1.4-acre lot (APN: 04-33.0-201-001) and offers ample parking with 62 spaces. The property features a total of three suites, with two 1,381 square foot suites currently available, and a maximum contiguous space of 3,781 square feet. The building offers 8'12" ceilings and is ideal for a variety of uses, including executive office, commercial, traditional office, and coworking spaces. Currently, the center houses a diverse mix of established businesses, including Stay Pressed Juice Co., Taylor Dance Academy, East Gate Grocery, Shana's Hair Salon, USA Karate, the Bricklayers Union, and Plocher Construction. This property is situated within the St. Louis MSA, Metro St. Louis, and St. Louis Bi-State Region, specifically in the Metro East, SW Illinois submarket cluster, offering strong potential for growth and return on investment. The property's strategic location and recent renovations make it an attractive option for businesses seeking a high-quality space in a thriving area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,221,203
    Hospitality
    $3,866,599
    Educational
    $3,216,965
    Medical
    $3,327,602
    Retail
    $5,004,168
715 Lakepointe Centre Dr, O'Fallon, Illinois
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Location Insight

City
O Fallon
County
St. Clair
State
Illinois
Latitude
38.5816
Longitude
-89.883
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
$31,300
$65,882
$347,243
$413,125
-
$197,646
$1,041,729
$1,239,375

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