1690 New Car Dr O Fallon, IL 62269
For Sale
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This exceptional 17,661 square foot auto shop, located at 1690 New Car Dr in O'Fallon, Illinois, presents a lucrative investment opportunity. Built in 2004, the property sits on a substantial 2.44-acre lot, providing ample space for operations and future expansion. The building is zoned B2 Commercial, allowing for a variety of uses within the permitted guidelines. The asking price is $2,000,000. This well-established business enjoys a prime location in the thriving O'Fallon market within St. Clair County, boasting high visibility and convenient access for customers. The expansive square footage offers significant potential for growth and diversification within the automotive industry or for a related business. The property's size and zoning provide flexibility for a range of commercial ventures. Its strategic location in O'Fallon, IL, zip code 62269, ensures strong customer traffic and easy access to major transportation routes. This turnkey operation is ready for a new owner to step in and capitalize on its established success. The property's substantial size and prime location make it an ideal investment for both experienced entrepreneurs and those seeking a profitable venture in a dynamic market. Serious inquiries are encouraged.
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
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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.