Property profile

9981 Ellis Rd Saint Jacob, IL 62281

OFF-MARKET
Commercial real estate
Property ID
US28-1769892
1.52 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 8,000-square-foot warehouse, situated on a 1.5-acre lot in Madison County, presents a remarkable opportunity for businesses seeking efficient and well-maintained industrial space. Built in 1965 and extensively renovated in 2021, the property boasts a single-story design with a generous 15-foot ceiling height, providing ample room for storage and operations. The warehouse features two 12' x 14' drive-in doors, ensuring easy access for loading and unloading. A 200-square-foot office space is included, ready for immediate use. The property benefits from a strategic location, offering excellent interstate access, just 3 miles from I-70 and 10 miles from I-64, facilitating seamless transportation and logistics. The property is zoned M-1, and its ample 175-foot frontage provides excellent visibility. The warehouse is equipped with 400-amp, A3 power, ensuring sufficient electrical capacity for various industrial needs. The property is currently vacant and ready for immediate occupancy, with improvement negotiations welcome. The APN is 05-2-23-07-00-000-023. This is a single-tenant property offering significant potential for a variety of industrial uses. Don't miss this chance to secure a prime location with exceptional features.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.52 ac (66,211 SF)
APN 05-2-23-07-00-000-023
UPID US28-1769892

Cap rate & NOI

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

Location

9981 Ellis Rd Saint Jacob, IL 62281
Saint Jacob metro Census 403702 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2022
Last sale
$450,000
3 recorded transactions
2022
$450,000
2022
$225,000
2018
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9981 Ellis Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message