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    7218-7246 Westfield Plaza Dr Belleville, IL 62223

    For Sale
    $6,000,000

    Retail property in Belleville, Illinois, near major attractions.

    Property size:
    100,553 SF
    Lot size:
    9.70 Acres

    Property Features for 7218-7246 Westfield Plaza Dr

    General Information

    Size
    100,553 SF
    Lot size
    9.70 Acres

    Source: Nester Realty | Belleville Agent Pam Shadwick

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

    Overview

    Belleville Retail Opportunity

    Located in St. Clair County in Belleville, Illinois, this property benefits from its proximity to the Roman Catholic Diocese of Belleville and the National Shrine of Our Lady of the Snows. Belleville, the most populated city in the Metro-east region of Southwestern Illinois, is near Scott AFB, receiving a financial boost from federal and civilian personnel, defense contractors, and military retirees. The area is also home to Southwestern Illinois College, Memorial Hospital, the Skyview Drive-in, and the Belle Clair Fairgrounds & Speedway. The Historic Lincoln Theater in downtown Belleville hosts movies, organ concerts, and special events. Belleville features an 82,000-square-foot facility called The Edge, offering attractions such as go-karts, a laser tag arena, virtual bowling, five movie theaters (two dine-in), a sports pub, and a family-friendly restaurant. Belleville hosts several large events throughout the year, including the annual Art on the Square, ranked #1 and #2 nationally by Art Fair Sourcebook over 10 times, hosting over 100 artists from 30 states, and the annual Christkindl Market in downtown on the square. The property itself consists of 100,553 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.052039
    Latitude
    38.545194

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    FAQs

    What type of property is this?
    Shopping center - Retail property in Belleville, Illinois, near major attractions.
    Where is this shopping center located?
    The property is located at 7218-7246 Westfield Plaza Dr Belleville, IL.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Proximity to Scott AFB (financial boost from personnel, contractors, retirees); - Located in Belleville, the most populated city in the Metro-east region; - Home to the National Shrine of Our Lady of the Snows
    (618) 207-7502
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    7218-7246 Westfield Plaza Dr Belleville, IL 62223
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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
    7218-7246 Westfield Plaza Dr Belleville, IL 62223
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