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400 W Hwy 50, O Fallon, IL 62269

B-1-zoned redevelopment site with highway frontage and Phase 3 electric available.

Lot Size1.74 Acres
Days on Market734

Property Features for 400 W Hwy 50

General Information

Standard status Active
Lot size 1.74 Acres
Property subtype LAND
Listing Agency: RE/MAX Preferred, Commercial Division
Listed By: Linda Miller · License #475145158
Source: Moodyscre
Added: Jul 30, 2024 Changed: Jul 31 Last Checked: Aug 1 at 2:44PM

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 RE/MAX Preferred, Commercial Division

Investment Insights

Based on property information with market context.

This 1.74-acre commercial land offering comprises two parcels and is planned as a vacant, pad-ready site following demolition of the existing buildings. The property is zoned B-1 by the City of O’Fallon, with Phase 3 electric available to the site.

The site has 332 feet of frontage on W. Highway 50, which carries 15,400 vehicles per day. It is approximately 1.5 miles from I-64 at Exit 16 and 5.4 miles from Scott Air Force Base. Hospitals, restaurants, and hospitality uses are in close proximity. The offering is scheduled to become available after demolition in 2026.

Key Highlights

  • 1.74‑acre commercial land offering comprising 2 parcels
  • Pad‑ready vacant site following scheduled building demolition in 2026
  • B‑1 zoning by the City of O’Fallon

Property Analytics

Current Use

Western Union Bank ATM (Regions Bank) Atm Regions Bank Bank Regions Mortgage Loan Service

Suggested Use

Top Pick Law Firm Restaurant Dental Office Parking Lot & Garage Auto Parts Store Electrical Service

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

652
Businesses Nearby

Demographics for 62269, IL

36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B-1-zoned redevelopment site with highway frontage and Phase 3 electric available.
Where is this commercial land located?
The property is located at 400 W Hwy 50 O Fallon, IL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 1.74‑acre commercial land offering comprising 2 parcels; Pad‑ready vacant site following scheduled building demolition in 2026; B‑1 zoning by the City of O’Fallon
(618) 444-3888 Call to check price and availability
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