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Property profile & analytics
OFF-MARKET Estimated value $1,040,000
Commercial real estate

1040 Main St Mascoutah, IL 62258-1078

0.27 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-1588369
Property summary
AI-generated overview

This exceptional 3,605-square-foot office/retail space is ideally situated in Mascoutah's thriving business district, offering high visibility and accessibility. Located in a building totaling 12,133 square feet, this single-tenant space boasts a flexible open floor plan, perfect for a variety of uses. Two restrooms and a convenient utility room add to its functionality. Access is provided via a main street entrance and a separate side entrance with double doors, ensuring convenient entry and exit for customers and employees. The property benefits from a high traffic count of 6,250 cars daily, situated next to established businesses like VP Racing Fuels and Lonnie's Tire and Auto Inc., ensuring significant exposure. Built in 1960 and renovated in 2024, the building features ceiling heights ranging from 10 to 15 feet. The 1.13-acre lot (3,605 square feet) provides ample space, and eight parking spaces are available for tenants and customers. The property is zoned for improved commercial use and is located in St. Clair County, Illinois, with an APN of 10-31-0-111-035/36/43/44/45. Mascoutah's strategic location, approximately 30 minutes east of St. Louis and near Scott Air Force Base, offers a strong economic environment and a growing population of around 8,500 residents. This presents a unique opportunity to establish a business in a vibrant community with excellent access to major transportation routes.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.27 ac (11,761 SF)
APN 10-31-0-111-043
UPID US28-1588369
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vp Racing Fuels Gas Station
  • Sax Speedi Check Gas Station
  • Sax Speedi-Chek Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.04M
Owner & transaction history
Chuch & Roster LLC · 2 yrs held
Chuch & Roster LLC
since 2024
Last sale
$1.0M
3 recorded transactions
2024
$1.0M
2022
$330,000
1996
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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