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1162 16th St
Granite City, IL 62040
Heavy Industrial Investment Opportunity · Industrial Property For Sale
Executive Summary
90% Occupied Heavy Industrial Investment with Rail & Crane Infrastructure
Cash-Flowing Manufacturing Campus Offered Below Replacement Cost
Rare Value-Add Industrial Investment with Embedded Infrastructure
Functional Heavy Industrial Asset with In-Place Income and Long-Term Upside
Rail-Served Manufacturing Facility with Specialized Infrastructure and Existing Cash Flow
Strategically located in the heart of the St. Louis industrial market, 1162 16th Street offers immediate access to one of the Midwest’s most established heavy manufacturing and logistics corridors. Situated in Granite City, Illinois, the property benefits from a deep industrial labor pool, a long history of steel and manufacturing operations, and proximity to major transportation infrastructure serving the bi-state region.
The property is conveniently positioned just minutes from Interstate 270, Interstate 255, Interstate 55, Interstate 64, and Interstate 70, providing efficient truck access throughout the St. Louis metropolitan area and direct connectivity to Chicago, Kansas City, Indianapolis, Memphis, and other major Midwestern markets. Downtown St. Louis is approximately 15 miles southwest, while St. Louis Lambert International Airport is less than 30 minutes away.
Located within one of the nation’s most important inland freight hubs, the St. Louis region offers access to six Class I railroads, four interstate highways, and the Mississippi River barge system.
Cash-Flowing Manufacturing Campus Offered Below Replacement Cost
Rare Value-Add Industrial Investment with Embedded Infrastructure
Functional Heavy Industrial Asset with In-Place Income and Long-Term Upside
Rail-Served Manufacturing Facility with Specialized Infrastructure and Existing Cash Flow
Strategically located in the heart of the St. Louis industrial market, 1162 16th Street offers immediate access to one of the Midwest’s most established heavy manufacturing and logistics corridors. Situated in Granite City, Illinois, the property benefits from a deep industrial labor pool, a long history of steel and manufacturing operations, and proximity to major transportation infrastructure serving the bi-state region.
The property is conveniently positioned just minutes from Interstate 270, Interstate 255, Interstate 55, Interstate 64, and Interstate 70, providing efficient truck access throughout the St. Louis metropolitan area and direct connectivity to Chicago, Kansas City, Indianapolis, Memphis, and other major Midwestern markets. Downtown St. Louis is approximately 15 miles southwest, while St. Louis Lambert International Airport is less than 30 minutes away.
Located within one of the nation’s most important inland freight hubs, the St. Louis region offers access to six Class I railroads, four interstate highways, and the Mississippi River barge system.
Property Facts
| Sale Type | Investment | Year Built | 1950 |
| Cap Rate | 11.86% | Parking Ratio | 0.29/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 30’ |
| Lot Size | 25.61 AC | No. Drive In / Grade-Level Doors | 6 |
| Rentable Building Area | 346,870 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | Industrial | ||
| Sale Type | Investment |
| Cap Rate | 11.86% |
| Property Type | Industrial |
| Lot Size | 25.61 AC |
| Rentable Building Area | 346,870 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 0.29/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Drive In / Grade-Level Doors | 6 |
| Opportunity Zone |
Yes |
| Zoning | Industrial |
Utilities
- Lighting
- Gas
- Water
- Sewer
Property Taxes
| Parcel Numbers | Improvements Assessment | $242,940 | |
| Land Assessment | $67,640 | Total Assessment | $310,580 |
Property Taxes
Parcel Numbers
Land Assessment
$67,640
Improvements Assessment
$242,940
Total Assessment
$310,580
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