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Property profile & analytics
FOR LEASE
Industrial properties

2405 W Herrin St Herrin, IL 62948

37.16 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US28-4048668
Property summary
AI-generated overview

This exceptional 60,000-square-foot warehouse and manufacturing space is available for lease in Herrin, Illinois. Situated on a substantial 37.16-acre lot (60,000 sq ft), this single-tenant property boasts a prime location with convenient access to major transportation routes. Built in 1954 and extensively renovated in 2023, the building features impressive 16- to 20-foot ceiling heights, providing ample vertical space for various operations. The property includes four 12'x10' loading docks and one 10'x10' drive-in door, ensuring efficient loading and unloading. The warehouse is fully insulated and heated, equipped with a wet sprinkler system for optimal safety. The spacious layout offers column spacing of 28'x57'. Power is supplied by a robust 3-phase, 277/440V, 800-amp electrical service. A significant advantage is the rail-served access via the Herrin Railroad Shortline, connecting to Union Pacific and Burlington Northern Santa Fe Class 1 railroads. The property also offers 50 total parking spaces. Located at 2405 W Herrin St, Herrin, IL 62948, this property is zoned for industrial use (APN: 01-24-151-002) and is just four miles from IL Route 15 and eight miles from I-57, providing excellent regional accessibility. This is a rare opportunity to secure a well-maintained, strategically located industrial property with significant rail access.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 37.16 ac (1,618,690 SF)
APN 01-24-151-002
UPID US28-4048668
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
18922 FORGE DRIVE, LLC
18922 FORGE DRIVE, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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