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Property profile

129 Auto Ct O'Fallon, IL 62269

OFF-MARKET
Retail properties & Spaces
Property ID
US28-2221532
8,602 SF 1.83 ac lot Built 1989
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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 Retail properties & Spaces
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

Location

129 Auto Ct O'Fallon, IL 62269
O'Fallon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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