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    OFF-MARKET
    Commercial real estate

    129 Auto Ct, O'Fallon, IL 62269

    8,602 SF 1.83 ac lot Built 1989
    Property ID
    US28-2221532
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 129 Auto Ct in O'Fallon, Illinois (zip code 62269), presents a unique investment opportunity. The 8,602 square foot building sits on a spacious 1.83-acre lot and boasts a prime location at a signalized intersection with direct access and high visibility on Highway 50, experiencing over 25,700 vehicles per day. This turn-key property is currently vacant and zoned B2 Commercial, making it ideal for a variety of uses. The building, constructed in 1989, features an existing operational carwash and is situated as an outparcel of the successful Lincoln Crossing Shopping Center, anchored by Home Depot and Walmart (generating $58.5 million in sales), ensuring high customer traffic. The property includes 68 parking spaces, two 12' x 10' roll-up service doors, and two additional 12' x 12' roll-up service doors, with potential for additional service bays. This property offers significant potential for a variety of retail or commercial ventures, benefiting from its strategic location and existing infrastructure. The asking price is $950,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1989
    Total area 8,602 SF
    Lot 1.83 ac (79,715 SF)
    UPID US28-2221532
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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