711 16th St Belleville, IL 62220-3124
This exceptional industrial property, located at 711 S 16th Street in Belleville, Illinois, presents a compelling investment opportunity. The 20,000-square-foot building sits on a generous 6.5-acre lot and is ideally suited for distribution and warehouse operations. The main warehouse boasts 16,000 square feet of space, complemented by a 2,000-square-foot office area. Ceiling heights range from 14 to 19 feet, providing ample vertical clearance for storage and operations. The property features multiple access points, including two 12' x 12' overhead doors, two 8' x 10' dock doors, and one 13' x 15' overhead door. Additionally, there are two 10.8' x 11.6' overhead doors. The building is equipped with 3-phase, 200-amp, 120/240v electric service and compressed air. A separate 2,000-square-foot pole barn with 14-foot ceilings and two 12' x 12' overhead doors offers additional storage or workspace. This pole barn has single-phase, 120/240v electric service. The property's strategic location offers easy access to major highways, being just 1.5 miles from Route 15 and IL-158, and only 17 miles from St. Louis, Missouri. This prime location ensures efficient transportation and distribution capabilities. The asking price is $350,000, and the lease type is NNN with single tenancy. This property is a rare find, combining size, functionality, and location for optimal business operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.