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Troy, IL Three Bedroom Office Complex 500 Ohara Dr 11,900 sq ft Vacant Office Property Troy, IL 62294 £740,350 (£62.21/sq ft)

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INVESTMENT HIGHLIGHTS

  • Strategically located in Troy, IL, with easy access to highways 55 and 70, offering excellent visibility and connectivity.
  • Great opportunity for an owner-user or investor
  • Commercial zoning allows a range of business applications, ideal for diverse tenant needs and investment stability.
  • Three-building office park totaling 11,900 ft² of adaptable office space, suited for medical, professional, and commercial uses.
  • Located in the growing Madison County market, presenting strong potential for appreciation and tenant demand.
  • 400 – 11,900 ft. available for lease.

EXECUTIVE SUMMARY

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space. Located conveniently near highways 55 and 70, the property ensures excellent accessibility and visibility, ideal for medical, professional, and commercial tenants. Zoned for a range of business uses, the office park features approximately 75 parking spaces to support tenant and client needs. Situated in the expanding Madison County market, this property presents a strong investment opportunity with promising tenant appeal and potential for appreciation.

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Office
Property Size
11,900 sq ft
Costar Property Class
C
Year Built
1997
Price
£740,350
Price per sq ft
£62.21
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
5,950 sq ft
Plot ratio
0.21
Total Plot Size
1.33 ac
Use Class
commercial - Commercial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 500 Ohara
  • 2,400 sq ft
  • Office
  • Full Fit-Out
  • Now

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space.

  • 1st Fl-Ste 504 Ohara
  • 2,400 sq ft
  • Office
  • Full Fit-Out
  • Now

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space.

  • 1st Fl-Ste 505 Buckeye
  • 7,100 sq ft
  • Office
  • Full Fit-Out
  • Now

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space.

Space Size Space Use Condition Available
1st Fl-Ste 500 Ohara 2,400 sq ft Office Full Fit-Out Now
1st Fl-Ste 504 Ohara 2,400 sq ft Office Full Fit-Out Now
1st Fl-Ste 505 Buckeye 7,100 sq ft Office Full Fit-Out Now

1st Fl-Ste 500 Ohara

Size
2,400 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Fl-Ste 504 Ohara

Size
2,400 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Fl-Ste 505 Buckeye

Size
7,100 sq ft
Space Use
Office
Condition
Full Fit-Out
Available
Now

1st Fl-Ste 500 Ohara

Size 2,400 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space.

1st Fl-Ste 504 Ohara

Size 2,400 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space.

1st Fl-Ste 505 Buckeye

Size 7,100 sq ft
Space Use Office
Condition Full Fit-Out
Available Now

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space.

Walk Score®
Easily Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-2-22-05-20-402-040
Land Assessment
£30,239
Improvements Assessment
£161,095
Total Assessment
£191,334
  • Listing ID: 33840810

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 500 Ohara Dr, Troy, IL 62294

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