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    1124 Comwest Pkwy Belleville, IL 62220

    Sponsored
    For Sale
    $1,762,000

    Prime Belleville location, two development sites. High visibility, all utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional commercial land offering presents a rare opportunity to acquire two contiguous parcels totaling between 24.29 and 24.29 acres, ideally situated in Belleville, Illinois. The property boasts a highly desirable C-2 Heavy Commercial zoning designation, opening doors to a wide range of development possibilities. The two tracts, measuring 10.69 acres and 13.60 acres respectively, provide flexibility for various projects. Both parcels benefit from excellent visibility along Route 15, ensuring high traffic exposure for any future development. All necessary utilities are readily available on-site, simplifying the development process. The strategic location offers unparalleled convenience, with easy access to Interstate 255 (within 4 miles) and Downtown St. Louis (less than 10 miles). The property's APN numbers are 07-13.0-101-056 and 07-13.0-108-007. This prime location, combined with the substantial acreage and convenient access to major transportation arteries, makes this an exceptional investment opportunity for developers seeking a high-impact commercial project in a thriving market. The asking price for this combined land offering is $1,762,000. The address is 1124 Comwest Pkwy, Belleville, IL 62220.

    Property Features for 1124 Comwest Pkwy

    General Information

    Property type
    Land
    Lot Size
    465,656 SF

    HighLights

    • $1,762,000 asking price.
    • 10.69 to 24.29 acres of commercially zoned land.
    • C‑2 Heavy Commercial zoning.
    • Two separate parcels: APN 07‑13.0‑101‑056 & 07‑13.0‑108‑007.
    • Located at 1124 Comwest Pkwy, Belleville, IL 62220, with Route 15 visibility, 4 miles from I‑255, and under 10 miles from downtown St. Louis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -90.048357
    Latitude
    38.538795

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    FAQs

    What type of property is this?
    Land - Prime Belleville location, two development sites. High visibility, all utilities.
    Where is this land located?
    The property is located at 1124 Comwest Pkwy Belleville, IL.
    What is the asking price?
    The asking price for this property is $1,762,000.
    What are key features of this property?
    This property features: $1,762,000 asking price.; 10.69 to 24.29 acres of commercially zoned land.; C-2 Heavy Commercial zoning.
    (618) 973-5507
    Request Owner's contact information
    1124 Comwest Pkwy Belleville, IL 62220
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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
    1124 Comwest Pkwy Belleville, IL 62220
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