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    O'fallon O'Fallon, IL 62269

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    For Sale
    Contact for pricing

    19.94 Acres, Hwy 50 & I-64 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19.94-acre commercial land offering in O'Fallon, Illinois presents a unique investment opportunity. Nine parcels are available for sale or lease, strategically positioned for maximum impact. Two prime corner lots (1.94 and 1.96 acres) boast direct highway access and visibility on Highway 50. Four additional lots (10.59 acres total) are situated along Interstate 64, ensuring high visibility. Three parcels (5.45 acres total) are located on Auto Court, directly across from a Home Depot, ideal for large-scale redevelopment. Each parcel includes a ready-to-use auto dealer retail/showroom building. The property benefits from exceptional visibility and accessibility, situated directly off Interstate 64 with signalized access from Lincoln Trail Highway, experiencing over 100,000 vehicles per day. This location is adjacent to a thriving retail center anchored by Home Depot and Walmart, generating $58.5 million in annual sales, and serves a substantial trade area encompassing nearly 800,000 people in the Metro East St. Louis MSA. The property's proximity to Scott Air Force Base (approximately 5 miles) adds further appeal. The site is zoned B2 Commercial, offering flexibility for a variety of commercial uses. This is a rare opportunity to acquire a significant commercial land holding in a high-traffic, high-growth area.

    Property Features for 0 O'fallon

    General Information

    Property type
    Land
    Lot Size
    868,586 SF

    HighLights

    • Nine parcels totaling 19.94 acres available for sale or lease.
    • Two premier corner lots (1.94 acres & 1.96 acres) with direct Hwy 50 access and visibility; four additional lots (10.59 acres total) offer I‑64 visibility.
    • Three lots (5.45 acres total) on Auto Court, across from Home Depot, ideal for redevelopment.
    • Each parcel includes a turn‑key auto dealer retail/showroom building.
    • High‑visibility location directly off I‑64, with signalized access from Lincoln Trail Hwy; 100,000+ vehicles per day.
    • Adjacent to a power retail center anchored by Home Depot and Walmart ($58.5M annual sales).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    O'Fallon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9066314
    Latitude
    38.5900004

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    FAQs

    What type of property is this?
    Land - 19.94 Acres, Hwy 50 & I-64 Access
    Where is this land located?
    The property is located at O'fallon O'Fallon, IL.
    What are key features of this property?
    This property features: Nine parcels totaling 19.94 acres available for sale or lease.; Two premier corner lots (1.94 acres & 1.96 acres) with direct Hwy 50 access and visibility; four additional lots (10.59 acres total) offer I-64 visibility.; Three lots (5.45 acres total) on Auto Court, across from Home Depot, ideal for redevelopment.
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    O'fallon O'Fallon, 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
    O'fallon O'Fallon, IL 62269
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