Listing Agency: Kramer Commercial Realty r**@kramercr.com Show Phone

Listed By: Ronald Kramer Show Phone

Source: Moodyscre

Added: Aug 19, 2019 Changed: Jul 6 Last Checked: Jul 21 at 6:01AM

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Investment Insights

Based on property information with market context.

This commercial land is suitable for various development projects, including a bank, fast food restaurant, retail space, office building, or storage units. A permanent easement with extra parking is included. The property is located near residential houses, apartments, and the SIUE dental school. Situated seconds from highway 255, the location benefits from traffic counts around 14,500 daily. Traffic counts on Fosterburg Rd. exceed 7,000 daily. The property is next to the Moonlight Restaurant, a gas station, a car wash, and a residential neighborhood.

Key Highlights

• High traffic location: Seconds from highway 255 (14,500 daily traffic count) and Fosterburg Rd. (7,000+ daily traffic count).
• Versatile Use: Suitable for bank, fast food, retail, office building, storage units, or more.
• Permanent easement with extra parking.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Pharmacy Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Wine and Liquor 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.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

168

Businesses Nearby

Explore this area Business Placement

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land suitable for various development projects, high-traffic location.

Where is this commercial land located?

The property is located at 3412 Fosterburg Rd Alton, IL.

What is the lease rate?

The lease rate is $2,948 /Mo.

What are key features of this property?

This property features: High traffic location: Seconds from highway 255 (14,500 daily traffic count) and Fosterburg Rd. (7,000+ daily traffic count).; Versatile Use: Suitable for bank, fast food, retail, office building, storage units, or more.; Permanent easement with extra parking.