4800 Main StBelleville, IL 62226

Property Details for 4800 Main St

Year built

1962

Lot size

2.59 AC

Property size (Sq ft)

18,920 SF

Property type

Banks

APN

08-07-0-421-066

APU

8070421066

Description

This exceptional Belleville, Illinois retail property, located at 4800 W Main St, zip code 62226, offers a substantial 18,987 square foot bank building situated on a combined 3.51 acres (comprised of three parcels: 08-07.0-421-027 (0.35 acres), 08-07.0-421-066 (2.59 acres), and 08-07.0-421-065 (0.24 acres)). The property includes a 5,393 square foot basement, providing ample storage or expansion potential. Its strategic location at the signalized intersection of N Belt W and W Main St boasts excellent visibility and high traffic volume, exceeding 30,000 vehicles per day. The property features eight drive-thru lanes and an ATM lane, catering to high customer traffic needs. This prime location offers significant advantages for a variety of businesses, making it an exceptional investment opportunity in a thriving commercial area of St. Clair County. The property's size and features make it ideal for a variety of uses, and its high visibility ensures maximum exposure. This is a rare opportunity to acquire a substantial commercial property in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $6,357,324

  6.5%

  $5,868,298

  7%

  $5,449,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,717,008

  Geo Method

  $3,717,008

• Alternative Use

  Use

  Valuation

  Residential

  $4,950,130

  Hospitality

  $4,534,292

  Educational

  $3,772,478

  Medical

  $3,902,219

  Retail

  $5,868,298

Location Insight

City

Belleville

County

St. Clair

State

Illinois

Latitude

38.5421

Longitude

-90.0268

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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