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Property profile & analytics
OFF-MARKET
Commercial land

2810 Frank Scott W Pkwy Belleville, IL 62223-5007

1.7 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US28-4337685
Property summary
AI-generated overview

This exceptional 5,752-square-foot medical office building, situated on a 0.8-acre lot (5,752 sq ft), presents a unique investment opportunity. Built in 1984 and extensively renovated in 2019, this two-story building boasts a desirable single-tenant occupancy. The main level, encompassing 2,886 square feet, features seven generously sized offices, a conference room, a waiting area, an open administrative space, a kitchenette, a restroom, and a dedicated IT rack room. The lower level, mirroring the upper level's square footage at 2,886 square feet, offers a private side entrance, four additional offices, a conference room, a kitchenette/break room, eight custom-built work cubicles, and two restrooms. Throughout the building, abundant natural light streams in through numerous windows, illuminating each office. Recent improvements include new carpeting and LVT flooring on the main level, and fresh paint throughout both levels. The property includes 32 parking spaces and is zoned B-1. Its strategic location within the high-traffic Copper Bend Centre office park, less than a mile from IL Route 15, ensures excellent visibility and accessibility. The property's 8.5-foot ceiling height adds to its spacious feel. Furniture is available for inclusion in a sale or lease transaction. Annual property taxes are $7,902. This turnkey property is ready for immediate occupancy.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.7 ac (74,052 SF)
APN 07-13-0-208-016
UPID US28-4337685
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
Current use
Occupant on record · Public records
  • Noble-Vollmer Realty Construction Company General Contractor
  • Steck-Cooper & Co. Insurance Agency
  • Hausmann-Mc Nally SC Law Firm
  • Copper Bend Center Business Service Center Corporate Office
  • Eldercare Inc Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
First Mid Wealth Management · 2 yrs held
First Mid Wealth Management
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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