5 Commerce Dr Freeburg, IL 62243
- Industrial properties
- 8,400 SF
- 0.99 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 5 Commerce Dr
- Year built
- 2002
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.99 lot acres
- Property size
- 8,400 SF
- Property type
- Industrial properties
- APN
- 14-31-0-227-003
- APU
- 14310227003
Description
This exceptional investment opportunity presents a 10,920-square-foot industrial warehouse property situated on a one-acre lot in Freeburg, Illinois. The property features two buildings. The main building, totaling 8,400 square feet, offers climate-controlled space ideal for light industrial use. This area includes a private office, kitchenette, two restrooms, multiple production rooms, a convenient drive-in overhead door, and compressed air lines throughout. A secondary steel building adds 2,520 square feet of heated, fully insulated, clear-span space with another drive-in overhead door. Both buildings are situated on a single lot with APN 14-310-227-003 & 14-31.0-227-004. Built in 2002, this single-story structure boasts a 12-foot ceiling height and is zoned I-2 Moderate Industrial. The property is currently vacant and offers immediate occupancy. Three-phase electric service is available on-site. This property is priced at $485,000, representing a price per square foot of $44.41. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a desirable location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeburg
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9107
- Latitude
- 38.4086
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
