Property profile

2 Professional Park Dr Maryville, IL 62062

OFF-MARKET
Commercial real estate
Property ID
US28-1214445
4,950 SF 0.23 ac lot Built 2004
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,100 square foot office space is situated within the well-maintained Shepard Plaza at 2 Professional Park Drive in Maryville, Illinois. The single-story building, constructed in 2004, offers a Class B office environment with a convenient 9-foot ceiling height. This unit represents the entirety of the currently available space within a larger 4,950 square foot building, and is divisible to a minimum of 1,100 contiguous square feet. The property boasts ample parking with 20 spaces available for tenants and visitors. Located in a high-visibility area on Route 159, this space benefits from significant traffic exposure, with an estimated 18,000 vehicles passing daily. The property sits on a 0.46-acre lot and is zoned B-2, allowing for a variety of commercial uses. Monument signage is available on Route 159, providing excellent branding opportunities. The property's address is 2 Professional Park Dr, Maryville, IL 62062, and its APN is 13-2-21-02-04-401-036/037. This is an ideal location for businesses seeking a prominent presence in a thriving Maryville community.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Total area 4,950 SF
Lot 0.23 ac (10,070 SF)
APN 13-2-21-02-04-401-036
UPID US28-1214445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon
  • Business Service Center Corporate Office

Location

2 Professional Park Dr Maryville, IL 62062
Maryville metro Census 403533 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$905k
CAP Approach CAP
$745k
Comparable Approach Comparable
$850k
Blend (final) Blend
$825k

Owner & transaction history

since 2020
Last sale
$800,000
7 recorded transactions
2023
Price N/A
2020
$800,000
2017
Price N/A
2004
Price N/A
2004
$170,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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