Property profile

1015 W Jefferson St Vandalia, IL 62471

FOR SALE
Industrial properties
Property ID
US28-4917326
1.84 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 26,947-square-foot single-tenant warehouse, built in 1951 and extensively renovated in 2021, presents a compelling leasing opportunity. Situated on 1.6 miles from Interstate 70 exits 61 and 63, this property offers convenient access to major transportation routes, placing it within an hour's drive of downtown St. Louis, Missouri. The building boasts a 1-story, masonry construction with an impressive 11-foot ceiling height. Two dock-high loading doors facilitate efficient loading and unloading, complemented by ample parking with 30 spaces and additional land for potential expansion. The warehouse features a robust power supply of 3-phase, 220/440V, 800 amps, ensuring sufficient power for various industrial operations. Internal improvements include a new HVAC system and roof (2021) and air circulation systems throughout. A substantial 2,250-square-foot office area is included, providing multiple private offices and restrooms. The property is zoned for light industrial use and is identified by Fayette County APN 18-14-16-108-001. This well-maintained warehouse in Vandalia, Illinois (zip code 62471) offers a rare combination of functionality, location, and modern amenities. The property is ready for immediate occupancy.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.84 ac (80,150 SF)
APN 18-14-16-108-001
UPID US28-4917326

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1015 W Jefferson St Vandalia, IL 62471
Vandalia metro Census 950800
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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