1320 Central Park Dr, O'Fallon, IL 62269
This exceptional 1.95-acre commercial land parcel presents a prime development opportunity in O'Fallon, Illinois. Strategically located adjacent to a Marcus Theatre, this property boasts excellent visibility from I-64, ensuring high traffic exposure for any future development. The site is surrounded by established national sit-down restaurants, creating a vibrant and desirable commercial environment. O'Fallon, a rapidly growing community in the St. Louis Metro area, offers a strong economy fueled by a diverse range of businesses, a highly educated workforce, and proximity to Scott Air Force Base. The city's AA+ bond rating reflects its financial stability and attractiveness to investors. This location benefits from the significant economic impact of the base, as well as the presence of major employers in the defense, finance, retail, and healthcare sectors. The recent addition of a new hospital further solidifies O'Fallon's position as a thriving commercial hub. This outparcel presents a unique chance to capitalize on the area's robust growth and strong demographics. The property's high visibility and strategic location make it ideal for a variety of commercial uses, offering significant potential for return on investment. The site is situated at 1320 Central Park Drive, O'Fallon, IL 62269, in St. Clair County.
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Marcus O'Fallon Cinema Cinema Theater & Performing Art Venue
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Take Five Lounge Bar & Pub
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.