505 Buckeye DrTroy, IL 62294

Property Details for 505 Buckeye Dr

Year built

1997

Lot size

0.50 AC

Property size (Sq ft)

7,138 SF

Property type

Commercial real estate

APN

09-2-22-05-20-402-040

APU

92220520402040

Description

This exceptional commercial real estate opportunity presents a three-building office complex totaling 11,900 square feet, situated on a 1.33-acre lot in Troy, Illinois. The property, built in 1997, comprises three separate structures, offering a flexible layout suitable for various business types. Individual suites range from a minimum of 2,400 square feet up to the entire 11,900 square feet, allowing for diverse tenancy options. Currently, all 11,900 square feet are available for lease or sale. The complex boasts a total of 80 parking spaces, ensuring ample accommodation for tenants and clients. Strategically located with convenient access to Highways 55 and 70, this property enjoys excellent visibility and accessibility. Its commercial zoning allows for a wide range of business uses, making it an attractive investment for owner-users or investors seeking a stable and adaptable property. The property's location within the expanding Madison County market offers significant potential for appreciation and strong tenant demand. The three buildings, identified as 505 Buckeye, 500 Ohara, and 504 Ohara, are a two-story construction, presenting a substantial opportunity in a thriving commercial area. The property's Assessed Parcel Number (APN) is 09-2-22-05-20-402-040, and it is located in Madison County.

• Alternative Use

  Use

  Valuation

  Residential

  $1,994,937

  Hospitality

  $1,827,352

  Educational

  $1,520,335

  Medical

  $1,572,622

  Retail

  $2,364,966

Location Insight

City

Troy

County

Madison

State

Illinois

Latitude

38.7333

Longitude

-89.8957

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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