11.31 Acre Site - Multiple Buildings Industrial FOR SALE


Worden, IL
$750,000 USD
314-409-7283
, Worden, IL for Sale
$750,000 USD
Industrial - FOR SALE
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11.31 Acre Site - Multiple Buildings
Worden, IL


HIGHLIGHTS

  • Income-producing with five tenants across buildings and yard
  • Adjacent to Norfolk Southern rail line with future rail potential
  • Two acres of farm ground available for development
  • Renovated in 2023 with clear span warehouse interiors
  • Located 2.5 miles from I-55 and 40 miles from St. Louis

OVERVIEW

11.31-acre industrial site with two clear-span warehouse buildings totaling 12,808 square feet and +/- 5.72 acres of rocked outdoor storage. The site sits adjacent to the Norfolk Southern main line. The property is suited for contractors, equipment and material distributors, and any user needing laydown or storage acreage alongside shop and warehouse space. Improved yard acreage of this scale is limited in the I-55 corridor north of Edwardsville, and it is difficult to replicate — grading, rock, and drainage on 5.72 acres represent substantial cost and permitting time. Three tenants are in place, producing $30,300 in annual gross income on modified gross leases, all at rates materially below market. Approximately 2 acres of farmland remain available for expansion. The seller will divide. Yard and buildings are available separately. Worden is a village situated in Madison County. Geographically, it is in the southwestern part of Illinois, within the United States. It lies approximately 40 miles northeast of St. Louis, Missouri, and is in close proximity to the larger city of Edwardsville, Illinois. The property is located on the southeast end of Worden, adjacent to the NS Railroad, approximately 2.5 miles from I-55, Exit 33. Worden has a population of 1,096.6.

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Steve ZuberBarberMurphy GroupMore Info
314-409-7283

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Steve ZuberBarberMurphy GroupMore Info
314-409-7283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.