3004 South Belt West (Old St. Louis Rd.)

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3004 South Belt West (Old St. Louis Rd.)

Belleville, IL 62226
Asking Price
$250K
Asset Type
Warehouse Industrial
Class
Class B

What's Special

3004 South Belt West (Old St. Louis Rd.), Belleville, IL 62226 <ul><li>​5,500 SF +/- Warehouse/Storage Buildings on .38 Acres</li><li>​65' of Frontage on South Belt West (Old St. Louis Rd.)</li><li>​200 AMP Electric</li><li>​Roofing: Rubber Roof: 2022, Shingled Roof: 10 +/- Years Old</li><li>​Zoned A-2 by City of Belleville (Parcel 064)</li><li>​Property is located in: Enterprise Zone (Expires Dec., 2031)</li><li>​Excellent Owner/User or Investment Opportunity</li></ul>

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

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