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    OFF-MARKET
    Commercial real estate

    1320 Central Park Dr, O'Fallon, IL 62269

    Property ID
    US28-5182413
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US28-5182413
    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
    Current use
    Occupant on record · Public records
    • Marcus O'Fallon Cinema Cinema Theater & Performing Art Venue
    • Take Five Lounge Bar & Pub
    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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