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    7308 Godfrey Rd Godfrey, IL 62035

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    For Sale
    $1,400,000

    Four commercial development sites available, ranging from 3.66 to 26.56 acres.

    Lot size:
    50.08 Acres

    Property Features for 7308 Godfrey Rd

    General Information

    Lot size
    50.08 Acres

    Source: BARBERMurphy Agent Scott Reichmann

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

    Overview

    Commercial Development Sites For Sale

    Four commercial development sites are available for sale, with individual sites ranging in size from 3.66 acres to 26.56 acres, totaling over 50 acres. The sites are located in Godfrey, IL, adjacent to Interstate 255, and less than a mile north of Route 111 and Highway 67. The owner is willing to subdivide the property. Prices will be negotiated based on the amount of ground required and location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Godfrey
    County
    Madison
    State
    Illinois
    Longitude
    -90.200195
    Latitude
    38.97746

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    FAQs

    What type of property is this?
    Land - Four commercial development sites available, ranging from 3.66 to 26.56 acres.
    Where is this land located?
    The property is located at 7308 Godfrey Rd Godfrey, IL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Four commercial development sites available, totaling over 50 acres.; - Located in Godfrey, IL, adjacent to Interstate 255.; - Sites range in size from 3.66 acres to 26.56 acres.
    (618) 277-4400
    Request Owner's contact information
    7308 Godfrey Rd Godfrey, IL 62035
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    Godfrey, IL 62035
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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
    7308 Godfrey Rd Godfrey, IL 62035
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