1683 Sauget Business Blvd Sauget, IL 62206-1455
- Industrial properties
- 15,222 SF
- 4.22 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1683 Sauget Business Blvd
- Year built
- 2007
- Construction
- CONCRETE BLOCKS
- Lot size
- 4.22 lot acres
- Property size
- 15,222 SF
- Property type
- Industrial properties
- APN
- 01-36-0-402-009
- APU
- 1360402009
Description
This exceptional Class A industrial property, a 15,000-square-foot food-grade manufacturing facility in East St. Louis, Illinois, is available for sale at $1,650,000. Built in 2007 and renovated in 2022, this single-tenant warehouse sits on a 4.22-acre lot (APN: 01-26-0-402-009) and features a 20-foot ceiling height. The building includes one 12' x 12' dock-high door with a leveler, providing convenient access for loading and unloading. Inside, you'll find 1,352 square feet of office space, perfect for administrative functions. The facility boasts a robust 480V, 3-phase, 4600-amp electrical service, and a Trane HVAC system ensures precise temperature and humidity control. Ideal for food processing, it includes a 250-gallon hot water heater and associated piping for process water needs. Its strategic location in Sauget Business Park offers excellent access to Interstate 255 (one mile away) and the St. Louis Downtown Airport, placing it minutes from downtown St. Louis, Missouri. The property is zoned for light industrial use, making it a versatile option for various businesses. This is a rare opportunity to acquire a well-maintained, modern food-grade facility in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,045,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $965,000
- 6.5%
- $1,060,000
- 7%
- $970,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,145,000
- Geo Method
- $890,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $880,000
- Retail
- $895,000
- Mixed-Use
- $930,000
- Hospitality
- $980,000
- Educational
- $1,055,000
- Residential Income
- $1,075,000
- Energy
- $865,000
- Income-Based Land
- $950,000
- Food Service
- $1,115,000
Location Insight
- Map
- Local Demand
- City
- Sauget
- County
- St. Clair
- State
- Illinois
- Longitude
- -90.1474
- Latitude
- 38.5789
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA