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    964 Green Mount Rd Belleville, IL 62221

    For Sale
    $499,900

    2.83 Acres, I-64 Access, Utilities

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.83-acre commercial development site in Shiloh, Illinois, presents a unique investment opportunity. Located at 964 North Green Mount Road, this property boasts 1,058 feet of frontage on North Green Mount Road, providing excellent visibility and accessibility. Its convenient location is less than one mile from Interstate 64, exit 16, ensuring easy access to major transportation routes. The property is zoned HB and features all utilities already on-site, simplifying the development process. The asking price is $499,900, translating to approximately $176,643 per acre. While the property includes a small house, garage, and pond, these existing structures offer potential for repurposing or removal to accommodate future development plans. The parcel's APN is 09-06.0-300-006. This site is ideal for a variety of commercial ventures, offering significant potential for growth and return on investment in the thriving St. Clair County market. The minimum divisible acreage is 2.83 acres. Don't miss this chance to acquire a strategically located and well-equipped development site in a desirable area.

    Property Features for 964 Green Mount Rd

    General Information

    Property type
    Land
    Lot Size
    123,275 SF

    HighLights

    • $4.05/sqft sale price.
    • 2.83‑acre minimum divisible parcel.
    • 1,058 ft of frontage on North Green Mount Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9290431
    Latitude
    38.5616051

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    FAQs

    What type of property is this?
    Land - 2.83 Acres, I-64 Access, Utilities
    Where is this land located?
    The property is located at 964 Green Mount Rd Belleville, IL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: $4.05/sqft sale price.; 2.83-acre minimum divisible parcel.; 1,058 ft of frontage on North Green Mount Road.
    (618) 407-4240
    Request Owner's contact information
    964 Green Mount Rd Belleville, IL 62221
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    Belleville, IL 62221
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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
    964 Green Mount Rd Belleville, IL 62221
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