You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Banks

400 Highway 50 W O Fallon, IL 62269

3,030 SF 0.67 ac lot Built 1967
Individually Owned 7-yr Hold Free & Clear
Property ID
US28-1062348
400 Highway 50 W, O Fallon, IL 62269 For Sale
Contact for pricing 3,030 SF
400 Highway 50 W, O Fallon, IL 62269
View Listing →
Property summary
AI-generated overview

This exceptional mixed-use property, located in O'Fallon, Illinois, presents a unique investment opportunity. The former ice cream manufacturing plant encompasses approximately 36,940 square feet, distributed across a 34,431 square foot warehouse/manufacturing plant and a 2,509 square foot office space. The property sits on eight parcels totaling approximately 2.75 acres and features five dock-high doors, two drive-in doors (measuring 20' x 14' and 14' x 14'), and approximately 50 paved parking spaces. Two of the plant parcels are zoned B-1 by the City of O'Fallon. The property benefits from three-phase electric service and enjoys a highly visible location on Highway 50, with approximately 15,400 vehicles passing daily. Its strategic location is approximately 1.5 miles from I-64 (Exit 16) and 5.4 miles from Scott Air Force Base, providing convenient access to major transportation routes and a significant workforce. The area boasts a thriving economy, with nearby hospitals, restaurants, and other hospitality businesses. Utilities are provided by the City of O'Fallon (water and sewer) and Ameren Illinois (electric and gas). The property's proximity to Scott Air Force Base, which contributes $3 billion annually to the regional economy, and its location within 30 minutes of St. Louis International Airport and 10 minutes from MidAmerica Airport, further enhance its investment appeal. This property is ideal for redevelopment and offers significant potential for a variety of uses. The asking price is $2,890,000. APN numbers are: 04-30.0-413-010, 04-30.0-413-011, 04-30.0-413-022, 04-30.0-413-023, 04-30.0-413-024, 04-30.0-413-018, 04-30.0-423-004, and 04-30.0-423-002.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1967
Construction STEEL FRAME
Total area 3,030 SF
Lot 0.67 ac (29,185 SF)
APN 04-32-0-103-001
UPID US28-1062348
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
  • Western Union Bank Credit Union
  • ATM (Regions Bank) Atm
  • Regions Bank Bank Loan Service
  • Regions Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
People Of The St Of Illinois · 7 yrs held
People Of The St Of Illinois
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message