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    OFF-MARKET
    Grocery and convenience stores

    10425 Lincoln Trl, Fairview Heights, IL 62208-1909

    5,282 SF 0.88 ac lot Built 1963
    Entity Owned 13-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-1318877
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 10425 Lincoln Trail in Fairview Heights, Illinois, presents a unique investment opportunity. The 0.88-acre lot boasts a 38,332 square foot building, currently vacant, offering significant potential for redevelopment or lease. The existing structure, built in 1963, measures 5,574 square feet, and sits on a prominent corner lot with excellent visibility. The property benefits from its strategic location on a major east-west thoroughfare, providing easy access to Interstate 64, St. Clair Square Mall, and numerous big-box retailers and office buildings. All utilities are conveniently located on-site. The property is zoned B-3 (Highway Business), allowing for a wide range of commercial uses. Ample parking is available with 40 spaces. The property's tax parcel ID is 03-28.0-104-042, and the 2020 real estate taxes totaled $7,367.94. This prime location and flexible zoning make this an ideal site for a variety of commercial ventures. The property is ready for immediate development or lease, offering a blank canvas for a discerning investor or business owner. The single-tenancy building provides flexibility for a variety of uses. The property is completely vacant, offering immediate occupancy.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1963
    Total area 5,282 SF
    Lot 0.88 ac (38,333 SF)
    APN 03-28-0-104-042
    UPID US28-1318877
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Macs Convenience Stores LLC · 13 yrs held
    Macs Convenience Stores LLC
    since 2013
    1 recorded transaction
    2013
    $180,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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