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    158 & I-64 State Rte Shiloh, IL 62269

    Sponsored
    For Sale
    $501,000

    6.68 Acres, Agricultural Zoning, $501,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.85 to 6.68-acre parcel presents a unique investment opportunity in the rapidly growing St. Louis Metro East area. Located at the intersection of State Route 158 and I-64 in O'Fallon, Illinois (zip code 62269), this property boasts a highly desirable location with excellent access to major transportation arteries. Currently zoned for agricultural use, the land offers significant potential for development, particularly given its proposed designation as an industrial/business park. The asking price is $501,000, translating to an attractive price per acre of $1.72. The property's APN is 04-34.0-100-009, and its precise location is 38.57543756503061 latitude and -89.8743422904313 longitude. This versatile land offers a compelling opportunity for investors seeking to capitalize on the burgeoning commercial and industrial growth in St. Clair County. The size flexibility of 2.85 to 6.68 acres allows for adaptable development plans to suit various business needs. Don't miss this chance to secure a prime piece of real estate in a thriving market.

    Property Features for 158 & I-64 State Rte

    General Information

    Property type
    Farms
    Lot Size
    124,146 SF

    HighLights

    • $501,000 asking price.
    • 2.85 - 6.68 acres of land.
    • Agricultural zoning.
    • Located in O'Fallon, IL, near State Route 158 & I‑64.
    • $1.72/acre land value.
    • APN: 04‑34.0‑100‑009.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shiloh
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.874342290431
    Latitude
    38.575437565031

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    FAQs

    What type of property is this?
    Farm - 6.68 Acres, Agricultural Zoning, $501,000
    Where is this farm located?
    The property is located at 158 & I-64 State Rte Shiloh, IL.
    What is the asking price?
    The asking price for this property is $501,000.
    What are key features of this property?
    This property features: $501,000 asking price.; 2.85 - 6.68 acres of land.; Agricultural zoning.
    Request Owner's contact information
    158 & I-64 State Rte Shiloh, IL 62269
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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
    158 & I-64 State Rte Shiloh, IL 62269
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