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    9920 Perrin Rd Mascoutah, IL 62258

    Sponsored
    For Sale
    $1,500,000

    19-Acre prime commercial site, Mascoutah, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 19-acre commercial development site boasts unparalleled visibility from Interstate 64, Exit 23, in Mascoutah, Illinois. Zoned GC-General Commercial, this property offers significant potential for a variety of commercial ventures. All utilities are conveniently located on-site, simplifying development plans. Due diligence has already been completed, including surveys, topography studies, and Phase One environmental assessments. The property is available for sale at $1,500,000, translating to $1.81 per square foot. This represents a compelling opportunity for investors seeking high-impact commercial development in a strategic location. The site is divisible, with a minimum of 5 acres available for purchase, offering flexibility to suit various project scales. The property's address is 9920 Perrin Road, Mascoutah, IL 62258, and its APN is 10-07.0-200-019. A new Tax Increment Financing (TIF) district further enhances the investment appeal. This is a rare opportunity to acquire a ready-to-develop site with excellent interstate access and comprehensive pre-development work already completed. Contact us today to explore the possibilities.

    Property Features for 9920 Perrin Rd

    General Information

    Property type
    Land
    Lot Size
    827,640 SF

    HighLights

    • For Sale: 19‑acre commercial land parcel in Mascoutah, IL.
    • Property Type: Commercial Land.
    • Lot Size: 19 acres, divisible with a 5‑acre minimum.
    • Sale Price: $1,500,000 ($1.81/sq ft).
    • Zoned GC‑General Commercial, with utilities on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Hotel & Motel Car Rental Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mascoutah
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8011159
    Latitude
    38.5527019

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    FAQs

    What type of property is this?
    Land - 19-Acre prime commercial site, Mascoutah, IL.
    Where is this land located?
    The property is located at 9920 Perrin Rd Mascoutah, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: For Sale: 19-acre commercial land parcel in Mascoutah, IL.; Property Type: Commercial Land.; Lot Size: 19 acres, divisible with a 5-acre minimum.
    (618) 977-8367
    Request Owner's contact information
    9920 Perrin Rd Mascoutah, IL 62258
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    Mascoutah, IL 62258
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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
    9920 Perrin Rd Mascoutah, IL 62258
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