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Property profile & analytics
OFF-MARKET Estimated value $1,385,000
Grocery and convenience stores

700 Main St Creve Coeur, IL 61610-3879

5,868 SF 1.44 ac lot Built 1999
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US28-1202008
Property summary
AI-generated overview

This exceptional 4,828-square-foot flex warehouse building, situated on a 1.17-acre lot in East Peoria, Illinois, presents a compelling investment opportunity. Constructed in 2006 by Gilbert Construction, the property boasts excellent condition and a versatile layout. Features include a small office area, a restroom with a shower, and two distinct warehouse/shop areas. Access is provided by three overhead drive-in doors. The building is equipped with in-floor heat, two tankless water heaters, and a 200-amp electrical service. The western portion offers 15-foot ceilings, two 12x10 overhead doors, and ample open shop space. The eastern area features 10-foot ceilings, one overhead door, and additional open space. A significant advantage is the pre-installed air compressor and compressed air lines throughout. A hoist is potentially available for separate negotiation. The property is zoned B3 and offers a single tenancy. The asking price is $395,000, translating to $81.81 per square foot. This single-story building presents a rare combination of functionality and location, making it ideal for a variety of commercial uses.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1999
Total area 5,868 SF
Lot 1.44 ac (62,726 SF)
APN 04-04-12-215-003
UPID US28-1202008
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.46M
CAP Approach CAP
$1.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.39M
Owner & transaction history
Strive Holdings INC · 5 yrs held
Strive Holdings INC
since 2021
Last sale
$1.6M
7 recorded transactions
2021
$1.6M
2016
$1.1M
2013
$1.6M
2005
Price N/A
2003
$1.7M
1997
$400,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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