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    3828 Wanda Rd Edwardsville, IL 62025

    Sponsored
    For Lease
    Contact for pricing

    10 Acres, 1847 SF Building, I-255 Access

    Lot size:
    1,847 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10.22-acre commercial property in Madison County presents a unique investment opportunity. The site boasts a 1,847 square foot building, currently utilized as a nursery, offering immediate income potential or the flexibility for build-to-suit development. The expansive lot features a level site and impressive 1,082 feet of frontage, providing ample space for various commercial ventures. Its strategic location offers unparalleled accessibility, situated just a quarter-mile from Interstate 255 at Exit 3, ensuring convenient access to major transportation routes. Furthermore, the property's proximity to the Gateway Commerce Center, only one mile away, provides significant advantages for businesses seeking a thriving commercial environment. The property is zoned commercial and has an APN of 14-1-15-18-00-000-007. While the current property taxes are $2,907 per square foot, this figure is subject to change based on future development or use. This prime location and versatile land offer significant potential for growth and return on investment. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area.

    Property Features for 3828 Wanda Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,847 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 10.22‑acre commercial land parcel for sale or build‑to‑suit.
    • Existing 1,847 SF building.
    • Level site, currently used as a nursery.
    • Excellent location: 0.25 miles from I‑255 Exit 3 and 1 mile from Gateway Commerce Center.
    • Zoned Commercial; Madison County, APN 14‑1‑15‑18‑00‑000‑007.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.038701
    Latitude
    38.797082

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    FAQs

    What type of property is this?
    Land - 10 Acres, 1847 SF Building, I-255 Access
    Where is this land located?
    The property is located at 3828 Wanda Rd Edwardsville, IL.
    What are key features of this property?
    This property features: 10.22-acre commercial land parcel for sale or build-to-suit.; Existing 1,847 SF building.; Level site, currently used as a nursery.
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    3828 Wanda Rd Edwardsville, IL 62025
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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
    3828 Wanda Rd Edwardsville, IL 62025
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