Listing Agency: Barbermurphy Group t***@barbermurphy.com Show Phone

Listed By: Mike Durbin · License #IL 475167618

Source: Crexi

Added: Sep 27, 2021 Changed: Aug 13 Last Checked: Aug 20 at 7:56AM

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Investment Insights

Based on property information with market context.

A 1.34-acre development site is available on a main thoroughfare in O'Fallon. The property has great potential on a highly developed corridor near the intersection of US Highway 50 and Green Mount Rd. O'Fallon is located just off I-64 (exits 16 & 19) on the West side of Scott Air Force Base and only 20 miles from St. Louis, MO. O’Fallon is leading national and regional trends for growth as both a home base and a regional recreational, professional, and retail destination. Development continues throughout the city.

Key Highlights

• 1.34 acre development site
• Located on main thoroughfare in O’Fallon
• High‑growth area

Property Analytics

Property Profile

Current Use

Gifts For Individuals (Bike/Boat/Book/etc) Store Podiatry 1st Association Or Organization

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Electrical Service Grocery & Convenience Store Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

320

Businesses Nearby

Explore this area Business Placement

Demographics for 62269, IL

36,068

Population

14,616

Households

2.5

Avg Household Size

38

Median Age

51%

College-Educated

97%

High-School Grad

29.8 sq mi

ZIP Area

1,210

Density / Sq Mi

$100,167

Median Household Income

$58,724

Median Earnings

$1,258

Median Rent

$274,200

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 1.34 acre development site on main thoroughfare in O'Fallon.

Where is this commercial land located?

The property is located at 702 W Hwy 50 O Fallon, IL.

What is the asking price?

The asking price for this property is $347,303.

What are key features of this property?

This property features: 1.34 acre development site; Located on main thoroughfare in O’Fallon; High‑growth area