888 Lake Storey RdGalesburg, IL 61401
- Commercial real estate
- 12.05 AC
Property Details for 888 Lake Storey Rd
- Lot size
- 12.05 AC
- Property type
- Commercial real estate
- APN
- 95-33-427-001
- APU
- 9533427001
Description
This exceptional 86,000-square-foot flex warehouse, situated on approximately 12.05 acres, presents a compelling investment opportunity. Ideally located near major highways US-34 and US-150, this single-tenant property boasts a comprehensive array of features. The warehouse itself includes four loading docks, a 14-foot overhead drive-through door, three-phase 480V power, energy-efficient LED lighting, and 17-foot ceilings with a 12-foot clear height. Durable five-inch thick concrete flooring ensures longevity. The space is climate-controlled and includes four large restrooms. A substantial office area complements the warehouse, offering approximately six individual offices, a reception area, additional restrooms, and a mezzanine level. Recent capital improvements are extensive and include a new roof, upgraded lighting, two new semi-docks, a state-of-the-art fire sprinkler system, a newly paved driveway servicing the semi-docks, updated doors, and fresh exterior paint. Further enhancements encompass upgraded exterior lighting, fire walls, and fire doors. Interior improvements include fresh paint and upgraded plumbing. The property is zoned B-2 and its APN is 95-33-427-001. This well-maintained and strategically located facility is perfect for businesses seeking a high-quality, functional space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $160,740,608
- Hospitality
- $147,237,536
- Educational
- $122,499,896
- Medical
- $126,712,856
- Retail
- $190,555,392
Location Insight
- City
- Galesburg
- County
- Knox
- State
- Illinois
- Latitude
- 40.9823
- Longitude
- -90.3846
- CBSA code
- 23660
- CBSA name
- GALESBURG, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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