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    2851 Homer M Adams Pkwy Alton, IL 62002

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    For Sale
    Contact for pricing

    1.6 acre development site with infrastructure and parking.

    Property size:
    69,696 SF
    Lot size:
    1.60 Acres

    Property Features for 2851 Homer M Adams Pkwy

    General Information

    Size
    69,696 SF
    Lot size
    1.60 Acres

    Source: Manor Real Estate Agent Eddie Cherry

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

    Overview

    Pad-Ready Site in Alton, IL

    This 1.6-acre pad-ready development site is located in Alton, Illinois. Infrastructure and parking are provided. The site is situated adjacent to Schnuck's Supermarket. The property features over 500 feet of frontage on Homer Adams Parkway, which experiences a traffic volume of over 25,400 vehicles per day. Signalized access and positioning near a major anchor tenant enhance the site's appeal for development.
    Insight Report Location Intelligence

    Current Use by Public Records

    Deanna N. Taylor, ... Pharmacy Kmart Clothing Store Trailer Hitches at U-Haul Trailer Supply Store U-Haul Moving & Storage ... Self-Storage Facility Bruce Brueggemann Pharmacy

    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
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.145175
    Latitude
    38.915425

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    FAQs

    What type of property is this?
    Land - 1.6 acre development site with infrastructure and parking.
    Where is this land located?
    The property is located at 2851 Homer M Adams Pkwy Alton, IL.
    What are key features of this property?
    This property features: - Pad-ready development site with existing infrastructure and parking.; - Located adjacent to Schnuck's Supermarket, a dominant grocer.; - High traffic frontage (over 500') on Homer Adams Parkway with 25,400+ vehicles per day.
    (314) 322-2510
    Request Owner's contact information
    2851 Homer M Adams Pkwy Alton, IL 62002
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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
    2851 Homer M Adams Pkwy Alton, IL 62002
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