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    New Poag Rd Edwardsville, IL 62025

    Sponsored
    For Sale
    $627,264

    Prime Edwardsville location, stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This vacant commercial lot, located at Northeast New Poag Road in Edwardsville, Illinois (zip code 62025), presents a unique opportunity for development. Priced at $627,264, this property is ideally suited for executive office space or high-end retail establishments. Boasting breathtaking views of the American Bottoms and St. Louis, the lot offers exceptional visibility and accessibility due to its location at a four-way lighted intersection. The property is designated as Lot number 1 on the presentation plat, which allows for flexible development plans. It's important to note that the property must be platted before closing. This prime location offers significant advantages, particularly its adjacency to the Enclave West student housing development, ensuring a strong potential customer base. The property is classified as Office and Retail, with a subtype of Executive Office and Co-working, making it versatile and adaptable to a range of commercial uses. The latitude and longitude coordinates are 38.8030666810202 and -90.0112181335517 respectively. This is a remarkable opportunity to build in a thriving area with excellent visibility and access.

    Property Features for 0 New Poag Rd

    General Information

    Property type
    Coworking space
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Edwardsville
    County
    Madison-IL
    State
    Illinois
    Longitude
    -90.011218133552
    Latitude
    38.80306668102

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    FAQs

    What type of property is this?
    Coworking space - Prime Edwardsville location, stunning views.
    Where is this coworking space located?
    The property is located at New Poag Rd Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $627,264.
    Request Owner's contact information
    New Poag Rd Edwardsville, IL 62025
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    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
    New Poag Rd Edwardsville, IL 62025
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