300 King Oak St Trenton, IL 62293-1600
- Commercial real estate
- 6,080 SF
- 0.72 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 300 King Oak St
- Year built
- 1989
- Lot size
- 0.72 lot acres
- Property size
- 6,080 SF
- Zone code
- 51
- Property type
- Commercial real estate
- APN
- 05-05-20-400-014
- APU
- 50520400014
Description
This exceptional commercial property, located at 300 S King Oak Street in Trenton, Illinois, presents a unique investment opportunity. The expansive warehouse boasts approximately 6,000 square feet of versatile space, perfectly situated on a 0.72-acre lot just off Broadway. Its convenient location makes it ideal for a wide range of businesses. The property features multiple overhead doors for easy access and operation, enhancing efficiency and convenience. A striking decorative truss design in the entry area and a concrete parking lot contribute to the property's overall appeal. The interior layout is highly functional, offering generous space suitable for retail, production, or distribution uses. Two well-appointed office suites, equipped with central HVAC, provide a professional setting for administrative tasks and meetings. Three bathrooms, complete with air conditioning and heating, ensure comfort and convenience for employees and clients. The warehouse layout is thoughtfully designed, with the middle section featuring three overhead doors (measuring 14, 12, and 7 feet), while the back warehouse includes a 14-foot sliding door, along with valuable loft and attic storage. A 14-foot overhead door connects the middle and back warehouse sections. The property utilizes a private septic system with laterals and propane for energy. The owner will be present for all showings. This immaculate property is ready for immediate occupancy and offers significant potential for a variety of commercial ventures. The asking price is $450,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $370,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $355,000
- Mixed-Use
- $365,000
- Hospitality
- $385,000
- Educational
- $380,000
- Residential Income
- $445,000
- Energy
- $345,000
- Income-Based Land
- $435,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Trenton
- County
- Clinton
- State
- Illinois
- Longitude
- -89.6756
- Latitude
- 38.6038
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA