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    324 Great Pl Dr Edwardsville, IL 62025

    For Sale
    $1,209,091

    High-traffic lot, excellent visibility, ready to build.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1.63-acre commercial lot presents a remarkable opportunity for development within the thriving Alpha Omega Commercial Park in Edwardsville, Illinois. Situated on Great Place Drive, Lot #2 boasts unparalleled visibility due to its location on a five-lane highway at a four-way lighted intersection. This high-traffic area experiences an average daily traffic count of 20,000 vehicles, ensuring maximum exposure for any business established here. The property's strategic placement directly across from Ginger Creek further enhances its appeal and accessibility. The lot is designated for general commercial use, offering a wide range of development possibilities. While specific tax information and the parcel number are still to be determined, the prime location and high traffic volume make this an exceptional investment opportunity. This is a rare chance to secure a prominent site in a rapidly growing area with significant potential for return. The property's size and location make it ideal for a variety of commercial ventures, from retail establishments to office spaces. Don't miss this chance to acquire a piece of Edwardsville's vibrant commercial landscape.

    Property Features for 324 Great Pl Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    71,003 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
    -89.98017
    Latitude
    38.78108

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic lot, excellent visibility, ready to build.
    Where is this commercial real estate located?
    The property is located at 324 Great Pl Dr Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $1,209,091.
    656-2278
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    324 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
    324 Great Pl Dr Edwardsville, IL 62025
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