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    1328 Park Plaza Dr O Fallon, IL 62269

    For Sale
    $201,247

    Land available in premier mixed-use development with interstate visibility.

    Lot size:
    0.77 Acres

    Property Features for 1328 Park Plaza Dr

    General Information

    Lot size
    0.77 Acres

    Source: Wittenauer Properties Agent David Wittenauer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    O'Fallon Land For Sale

    Central Park Plaza is a mixed-use development. The available land ranges from 0.77 to 27.82 acres. The property has interstate visibility and interstate signage is available. It benefits from a strong retail corridor in a high growth area. A TIF District (23 years) was approved on May 7, 2012. The property has easy access from I-64, Hwy 50 and Green Mount Rd. It is located 14 miles from downtown St. Louis. The property has 1.2 miles of frontage along I-64 and is situated between Exit 14 (Highway 50) and Exit 16 (Green Mount Rd).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    O Fallon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9447887
    Latitude
    38.5871467

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    FAQs

    What type of property is this?
    Land - Land available in premier mixed-use development with interstate visibility.
    Where is this land located?
    The property is located at 1328 Park Plaza Dr O Fallon, IL.
    What is the asking price?
    The asking price for this property is $201,247.
    What are key features of this property?
    This property features: - Great interstate visibility with interstate signage available.; - Located in a strong retail corridor within a high growth area.; - Easy access from I-64, Hwy 50 and Green Mount Rd.
    (618) 719-1197
    Request Owner's contact information
    1328 Park Plaza Dr O Fallon, IL 62269
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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
    1328 Park Plaza Dr O Fallon, IL 62269
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