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    Green Mount Rd Belleville, IL 62269

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    For Sale
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    15 Acres, High Visibility, Ideal Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.23-acre retail site in O'Fallon, Illinois, presents a compelling investment opportunity. Located on N Greenmount Road, the property boasts excellent visibility and accessibility, situated in the thriving Belleville market. The site benefits from an access lane with a traffic signal at the intersection of N Greenmount Road and Progress Drive, ensuring convenient ingress and egress. Its strategic location offers significant advantages, placing it adjacent to Green Mount Commons, a shopping center anchored by major retailers Walmart and Lowe's. This prime location also provides close proximity to Southwestern Illinois College and the Metro Link, guaranteeing a substantial and diverse customer base. The property's zoning allows for a variety of uses, including retail, restaurant, multi-family residential, and self-storage developments, making it highly versatile and attractive to a wide range of potential buyers. The property is currently available for sale and presents a rare chance to acquire a significant parcel of land in a rapidly growing area with strong demographics and established infrastructure. The high traffic count on Greenmount Road ensures maximum exposure for any development. This is an exceptional opportunity to capitalize on the booming Belleville market and create a thriving commercial venture. The site's size and location make it an ideal candidate for a large-scale development project.

    Property Features for 0 Green Mount Rd

    General Information

    Property type
    Retail properties
    Lot Size
    663,419 SF

    HighLights

    • 15.23‑acre site in O'Fallon, IL.
    • Located in the booming Belleville, IL market.
    • Excellent visibility on N Greenmount Road.
    • Great access to Belleville, IL, with an access lane and traffic signal at N Greenmount Road and Progress Drive.
    • Adjacent to Green Mount Commons, anchored by Walmart and Lowe's.
    • Close proximity to Southwestern Illinois College and the Metro Link.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9291128
    Latitude
    38.5684132

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    FAQs

    What type of property is this?
    Retail property - 15 Acres, High Visibility, Ideal Location
    Where is this retail property located?
    The property is located at Green Mount Rd Belleville, IL.
    What are key features of this property?
    This property features: 15.23-acre site in O'Fallon, IL.; Located in the booming Belleville, IL market.; Excellent visibility on N Greenmount Road.
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    Green Mount Rd Belleville, 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
    Green Mount Rd Belleville, IL 62269
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