Property profile

5401 Collinsville Rd Fairmont City, IL 62201

OFF-MARKET
Commercial real estate
Property ID
US28-3475675
3,120 SF 12.67 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Total area 3,120 SF
Lot 12.67 ac (551,905 SF)
APN 17-2-20-34-03-301-001-001
UPID US28-3475675

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5401 Collinsville Rd Fairmont City, IL 62201-2335
Fairmont City metro Census 400903 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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