Property summary
This exceptional 132,830-square-foot industrial property in Fairmont City presents a unique leasing opportunity. The building, constructed in 1967 and renovated in 1992, offers a versatile space ideal for warehouse, distribution, manufacturing, or retail uses. Currently, 28,000 square feet is immediately available, with a minimum divisible space of 28,000 square feet. The property boasts a convenient location at Exit 6 and Route 111, providing excellent interstate visibility from I-55/70. Benefit from the strategic placement within a Tax Increment Financing (TIF) District. The single-story building sits on a 12-acre lot and includes 100 parking spaces and two dock doors. The property is classified as Class C and is zoned B-2. The building's total square footage is 132,830, with multiple tenants currently occupying the remaining space. This prime location offers significant potential for businesses seeking a well-maintained industrial space with convenient access to major transportation routes. The property's APN is 17-2-20-34-03-301-01.001, and it is located in Madison County. This is an excellent opportunity to establish or expand your business in a thriving area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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