1708 New Car Dr, O Fallon, IL 62269
For Sale
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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.
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.