129 Auto Ct, O'Fallon, IL 62269
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.