1501 S 19Th St, Mattoon, IL 61938
For Lease
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This exceptional industrial property, located at 1501 S 19th St, Mattoon, IL 61938, offers a substantial 257,233 square feet of manufacturing, warehouse, and distribution space. The property sits on a generous 43.32 acres of land and features a single building constructed in 1967, extensively renovated in 1993. Currently, a significant 238,673 square feet is available for lease, providing flexibility for businesses of various sizes. The minimum leasable space is 19,367 square feet, while the maximum contiguous space available is 238,673 square feet. The property is zoned for industrial use and boasts convenient features including 2 loading docks and 5 drive-in doors. The site is fully fenced and includes a guard shack, enhancing security. This property is ideal for businesses seeking a large, well-maintained industrial space in a strategic location. The Coles County address, with APN numbers 07-1-00846-001 and 07-1-00846-002, provides easy identification. The property's size and features make it suitable for a wide range of industrial operations. Contact us today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.