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Highway-Fronting Commercial Land Site
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320 E US Hwy 40, Troy, IL 62294

2.34-acre C-3 highway commercial site with 263 feet of U.S. Highway 40 frontage and all utilities on-site.

Property SizeContact for details
Lot Size2.34 Acres
Days on Market2610

Property Features for 320 E US Hwy 40

General Information

Standard status Active
Lot size 2.34 Acres
Property subtype LAND
Listing Agency: BARBERMurphy
Listed By: Anthony Smallmon
Source: Moodyscre
Added: Jun 20, 2019 Changed: Aug 8 Last Checked: Aug 10 at 10:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BARBERMurphy

Investment Insights

Based on property information with market context.

Lot 2 is a 2.34-acre highway-fronting commercial land site with 263 feet of direct frontage on U.S. Highway 40. Zoned C-3 Highway Commercial by the City of Troy, the property offers lot depth of 350 feet, supporting a range of building configurations. All utilities are on-site.

The sites are located along a high-traffic commercial corridor with 7,350 vehicles per day. The area is flanked by established traffic generators including Casey’s General Store, Troy’s Finest Car Wash, Kool Kids Day Care, and Troy Early Childhood Center. Anderson Hospital is within close proximity.

Regional interstate access is strong, with 2.0 miles to the I-55/Hwy 40 interchange (Exit 17), 3.0 miles to the I-55/IL Route 162 interchange (Exit 18), and 4.0 miles to the I-55/I-70/I-270 interchange (Exit 20).

Key Highlights

  • 2.34‑acre lot with 263 feet of direct U.S. Highway 40 frontage
  • Zoned C‑3 Highway Commercial by the City of Troy
  • 350 feet of lot depth supports multiple building configurations

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Nail Salon Auto Parts 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

161
Businesses Nearby

Demographics for 62294, IL

15,431
Population
6,138
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
98%
High-School Grad
29.5 sq mi
ZIP Area
523
Density / Sq Mi
$108,418
Median Household Income
$57,002
Median Earnings
$1,069
Median Rent
$255,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.34-acre C-3 highway commercial site with 263 feet of U.S. Highway 40 frontage and all utilities on-site.
Where is this commercial land located?
The property is located at 320 E US Hwy 40 Troy, IL.
What is the asking price?
The asking price for this property is $280,308.
What are key features of this property?
This property features: 2.34‑acre lot with 263 feet of direct U.S. Highway 40 frontage; Zoned C‑3 Highway Commercial by the City of Troy; 350 feet of lot depth supports multiple building configurations
(618) 407-4240 Call to check price and availability
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