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500 Ohara Dr
Troy, IL 62294
Troy, IL Three Bedroom Office Complex · Office Property For Sale
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 User
Property Type
Office
Building Size
11,900 SF
Building Class
C
Year Built
1997
Price
$1,358,000 CAD
Price Per SF
$114.12 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,950 SF
Building FAR
0.21
Lot Size
1.33 AC
Zoning
commercial - Commercial
Property Taxes
| Parcel Number | 09-2-22-05-20-402-040 | Improvements Assessment | $293,722 CAD |
| Land Assessment | $55,135 CAD | Total Assessment | $348,857 CAD |
Property Taxes
Parcel Number
09-2-22-05-20-402-040
Land Assessment
$55,135 CAD
Improvements Assessment
$293,722 CAD
Total Assessment
$348,857 CAD
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