5801 Old Collinsville RdFairview Heights, IL 62208

  • Commercial real estate
  • 8,003 SF
For Sale
$690,000 View listing

Property Details for 5801 Old Collinsville Rd

Year built
2000
Construction
WOOD
Lot size
0.87 AC
Property size (Sq ft)
8,003 SF
Property type
Commercial real estate
APN
03-34-0-204-006
APU
3340204006

Description

This exceptional commercial property, located at 5801 Old Collinsville Road in Fairview Heights, Illinois, 62208, presents a unique investment opportunity. The property encompasses a substantial 37,897 square foot lot and features a three-section building totaling over 8000 square feet. Each section offers independent office spaces and restrooms, providing flexibility for various business needs. Section 1 boasts 2750 square feet, Section 2 offers 2500 square feet, and Section 3 comprises 2700 square feet. The building's strategic location in Fairview Heights, near Swansea and O'Fallon, benefits from high visibility and significant daily traffic of approximately 14,000 vehicles. Ample parking is available, accommodating up to 32 vehicles. Ideal for a diverse range of uses, including office, retail, church, daycare, pet grooming, or beauty shop, this property offers significant potential for growth and return on investment. The asking price for this prime industrial warehouse is $690,000. This property is classified as Industrial, Land and is zoned for Commercial use. The property is situated in St. Clair County and has excellent access to major transportation routes. The building's layout and amenities make it an attractive option for businesses seeking a well-maintained and conveniently located space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,094,716
    Hospitality
    $1,918,748
    Educational
    $1,596,376
    Medical
    $1,651,278
    Retail
    $2,483,252
5801 Old Collinsville Rd, Fairview Heights, Illinois

Location Insight

City
Fairview Heights
County
St. Clair
State
Illinois
Latitude
38.5832
Longitude
-89.9666
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,585
$16,270
$180,863
$197,133
-
$48,810
$542,589
$591,399

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