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Property profile & analytics
OFF-MARKET
Lifestyle centers

1708 New Car Dr O'Fallon, IL 62269

16,991 SF 1.66 ac lot Built 2000
Property ID
US28-1592383
Property summary
AI-generated overview

This exceptional 16,991 square foot shopping center, located at 1708 New Car Dr in O'Fallon, Illinois, presents a lucrative investment opportunity. Built in 2000 and situated on a 1.66-acre lot, the property boasts a desirable B-2 Commercial zoning designation, allowing for a wide range of commercial uses. The center's prime location in the thriving O'Fallon market ensures high visibility and accessibility for businesses. The asking price is $2,150,000. This well-maintained property offers significant potential for immediate income generation and long-term appreciation. Its substantial size and strategic location within St. Clair County, Illinois, make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment in a stable and growing market. The property's 2000 construction date suggests a relatively modern building with potential for minimal immediate capital expenditure. The zip code is 62269. The property's coordinates are latitude 38.5963569 and longitude -89.9572079. This retail shopping center represents a rare opportunity to acquire a well-positioned asset in a highly sought-after location. Serious inquiries are encouraged.

Property profile
Verified
Property type Lifestyle centers
Year built 2000
Total area 16,991 SF
Lot 1.66 ac (72,310 SF)
UPID US28-1592383
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
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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