1 Design Mesa, Collinsville, IL 62234-4639
This exceptional Class A office building, located at 1 Design Mesa in Collinsville, IL, presents a unique investment opportunity. Boasting 10,000 square feet of net rentable space across two stories, this single-tenant property is situated on a generous 1.25-acre lot. Built in 1967 and extensively renovated in 1994, the building features a captivating blend of modern amenities and classic architectural charm. The property includes a spectacular penthouse office with 360-degree views, perfect for executive suites or co-working spaces. The main level offers a welcoming reception area, multiple executive offices with stunning views, a bullpen area, and dedicated conference spaces. The lower level provides a mix of open and private offices, a conference room, and ample file storage. The inviting brick paved walkway, mature trees, and beautifully landscaped grounds create an aesthetically pleasing work environment. Natural light and scenic views, including the St. Louis skyline, are abundant throughout the building. The property is zoned 0330 Improved Commercial and has an APN of 13-1-21-21-00-000-005. Offered at $725,000 ($72.50/sq ft). Showings are by appointment only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
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