12 Professional Park Dr Maryville, IL 62062-5672
- Commercial real estate
- 6,201 SF
- 0.25 lot acres
Current Use by Public Records
- Levent Akduman / Ophthalmologist / Practitioner Service Location
- Green Kenneth MD / Doctor
- Johnson Troy OD / Optometrist
- Chen w Y MD / Ophthalmologist
- Klingele Terence G MD / Doctor
Property Details for 12 Professional Park Dr
- Year built
- 1985
- Lot size
- 0.25 lot acres
- Property size
- 6,201 SF
- Property type
- Commercial real estate
- APN
- 13-2-21-02-04-401-021
- APU
- 132210204401021
Description
This 6,201 square foot Class B medical office building, located at 12 Professional Park Dr, Maryville, IL 62062, is offered at $1,250,000 ($201.58/sq ft). Built in 1985 and renovated in 2006, the single-story property sits on a 0.48-acre lot within the Maryville Office Park, providing convenient access to I-270 and I-55/70. The building boasts 100% occupancy with reputable tenants, including an optical surgery center licensed and approved by the state with a certificate of need. Ample parking is available with 55 covered spaces, and an adjacent lot is included for additional parking. The property is zoned B-2 and features a Madison County APN of 13-2-21-02-04-401-021. This is a strong investment opportunity in a prime medical location near Anderson Hospital. The property is not located within a Tax Increment Financing (TIF) district, Enterprise Zone, or Foreign Trade Zone.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,435,000
- 6.5%
- $1,310,000
- 7%
- $1,335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,475,000
- Geo Method
- $1,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,430,000
- Retail
- $1,635,000
- Mixed-Use
- $1,535,000
- Hospitality
- $1,655,000
- Educational
- $1,460,000
- Residential Income
- $1,405,000
- Energy
- $1,240,000
- Income-Based Land
- $1,635,000
- Food Service
- $1,585,000
Location Insight
- Map
- Local Demand
- City
- Maryville
- County
- Madison
- State
- Illinois
- Longitude
- -89.9551
- Latitude
- 38.7379
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA