Financial
Distress signals
Property profile

1337 Park Plaza Dr O Fallon, IL 62269

FOR LEASE
Commercial real estate
Property ID
US28-1749238
7,272 SF 0.61 ac lot Built 1999
Last sale Jun 2000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional executive office suite, located at 1337 Park Plaza Dr in O'Fallon, Illinois, 62269, offers 1,766 square feet of immediately available space. The property is classified as an office building with multiple tenancy options. The entire 1,766 square feet is currently vacant, presenting a unique opportunity for a business seeking a substantial and readily available workspace. The suite is ideally suited for professional businesses or executive offices requiring ample room for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$240k
Assessed land$60k
Assessed improvement$180k
Effective rate7.64%

Value estimate

· Sep 2026
$325k
$293k – $358k
Submarket $/SF estimate$794k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$7k
Operating expenses−$7k
NOI · 116,977.14% cap applied$20k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$122/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$73 – $184
Qualifying comparables20

Cap rate analysis

How does the asset earn?
116,977.14%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.4
Pawn Shop9.3
Electrical Service9.0

Location

1337 Park Plaza Dr O Fallon, IL 62269
County assessor Recorded deeds · 6 transfers 20 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1404 Hwy 50, O Fallon, IL 62269-1617 $2,990,000 Jul 2025 10,760 SF
741 State, O Fallon, IL 62269-1971 $104,000 May 2025 7,200 SF
615 Hwy 50, O Fallon, IL 62269-1942 $326,000 Dec 2024 5,000 SF
649 Hwy 50, O Fallon, IL 62269-1941 $400,000 Dec 2024 5,000 SF
645 Hwy 50, O Fallon, IL 62269-1941 $1,450,000 Nov 2024 9,720 SF
1424 Central Park, O Fallon, IL 62269-1785 $3,000,000 Oct 2024 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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