130 Ludwig Dr Fairview Heights, IL 62208-1333
This exceptional 6,400-square-foot commercial property, located at 130 Ludwig Drive in Fairview Heights, Illinois, presents a unique opportunity for a restaurant or retail business. Situated on a spacious 1.61-acre lot in St. Clair County, the property boasts ample parking, ensuring convenient access for customers. The entire 6,400 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The building's single-tenancy structure provides complete autonomy and control. Its strategic location offers significant advantages, being adjacent to a high-performing Red Lobster restaurant, guaranteeing high visibility and foot traffic in a bustling commercial area. The property's zoning allows for a variety of uses, making it an ideal location for a diverse range of businesses seeking a prominent presence in a thriving community. The zip code is 62208. This property is ready for immediate occupancy, offering a chance to establish a successful enterprise in a prime commercial location with excellent accessibility and high visibility. The ample parking ensures a smooth and convenient experience for customers and employees alike. This is a rare opportunity to secure a substantial space in a desirable location with high potential for growth and success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.