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    331 Great Pl Dr Edwardsville, IL 62025

    For Sale
    $1,199,208

    Prime Commercial Land, High Traffic Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 2.29-acre commercial lot, identified as Lot 6 within the Alpha Omega Commercial Park in Edwardsville, Illinois, presents a remarkable investment opportunity. Situated at 331 Great Place Drive, this property boasts unparalleled visibility and accessibility due to its location on a five-lane highway at a four-way lighted intersection. The high traffic volume, averaging 20,000 vehicles daily, ensures significant exposure for any commercial venture. The strategic placement directly across from the entrance to Ginger Creek further enhances its desirability. This property is ideal for a wide range of commercial developments, benefiting from its prominent location and high traffic counts. The lot's size provides ample space for construction, allowing for flexibility in design and functionality. While specific tax information and the parcel number are still to be determined, the property's prime location and high traffic volume make it a compelling investment prospect. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a thriving area. Serious inquiries are encouraged to explore the potential of this exceptional property.

    Property Features for 331 Great Pl Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    99,752 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison-IL
    State
    Illinois
    Longitude
    -89.98203
    Latitude
    38.7812

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Land, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 331 Great Pl Dr Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $1,199,208.
    656-2278
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    331 Great Pl Dr Edwardsville, IL 62025
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    Edwardsville, IL 62025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    331 Great Pl Dr Edwardsville, IL 62025
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