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    5147 Pagano Ct Granite City, IL 62040

    Sponsored
    For Lease
    Contact for pricing

    Prime 1.05-acre retail lot, build-to-suit available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Granite City, Illinois. Located at the southeast quadrant of I-270 and Route 111, this B-2 zoned property (APN: 1 8-2- 1 4-3 5-0 0-0 0-0 0 5 5) offers unparalleled visibility and accessibility. The site is ideally suited for a variety of commercial uses, benefiting from its strategic location near established businesses such as Rosati's Pizza and a sports bar. A planned truck stop development on an adjacent property will further enhance the area's commercial activity and traffic flow. This single-tenant property boasts all utilities readily available, making it a turnkey solution for developers or businesses seeking a prime location. The property's proximity to major transportation arteries ensures excellent exposure to both local and interstate traffic, providing a significant advantage for businesses seeking to maximize their reach. Land lease or build-to-suit options are available, offering flexibility to meet diverse development needs. This is an exceptional opportunity to establish a thriving business in a high-traffic, high-visibility location.

    Property Features for 5147 Pagano Ct

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.05‑acre commercial land parcel in Granite City, IL, at I‑270 and Route 111 intersection.
    • B‑2 zoning (APN: 18‑2‑14‑35‑00‑00‑0055).
    • High visibility and accessibility, near Rosati's Pizza and a sports bar.
    • Adjacent planned truck stop development.
    • All utilities available; turnkey solution.
    • Excellent exposure to local and interstate traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Granite City
    County
    Madison
    State
    Illinois
    Longitude
    -90.1307797
    Latitude
    38.7157973

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    FAQs

    What type of property is this?
    Land - Prime 1.05-acre retail lot, build-to-suit available.
    Where is this land located?
    The property is located at 5147 Pagano Ct Granite City, IL.
    What are key features of this property?
    This property features: 1.05-acre commercial land parcel in Granite City, IL, at I-270 and Route 111 intersection.; B-2 zoning (APN: 18-2-14-35-00-00-0055).; High visibility and accessibility, near Rosati's Pizza and a sports bar.
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    5147 Pagano Ct Granite City, IL 62040
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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
    5147 Pagano Ct Granite City, IL 62040
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