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    Mississippi Ave Cahokia, IL 62206

    Sponsored
    For Sale
    $167,130

    6-Acre Site, B-2 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 6-acre commercial development site presents a unique investment opportunity in Cahokia, Illinois. Located on Mississippi Avenue (Route 3), this property boasts convenient access to major interstates I-64/40, I-55, and I-255, ensuring high visibility and easy transportation. The site is zoned B-2, offering flexibility for a variety of commercial uses. All utilities are available at or adjacent to the property, simplifying development plans. With an asking price of $167,130, this translates to $27,000 per acre (subject to survey). The property's location on a major thoroughfare with an average daily traffic count of 20,100 vehicles makes it ideal for businesses requiring high visibility and accessibility. The parcel's size and strategic location make it particularly well-suited for storage unit development, though other commercial ventures are also feasible. The APN is 01-35.0-102-003. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area. Don't miss out on this chance to build your business in a prime location.

    Property Features for 0 Mississippi Ave

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • 6.19‑acre development site available for sale. All utilities are at or adjacent to the property.
    • High‑traffic location on Rt 3 (Mississippi Ave.) with 20,100 ADT.
    • Ideal for self‑storage development.
    • Easy access to Interstates I‑64/40, I‑55, and I‑255.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cahokia
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.1859776
    Latitude
    38.5736947

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    FAQs

    What type of property is this?
    Land - 6-Acre Site, B-2 Zoning, Prime Location
    Where is this land located?
    The property is located at Mississippi Ave Cahokia, IL.
    What is the asking price?
    The asking price for this property is $167,130.
    What are key features of this property?
    This property features: 6.19-acre development site available for sale. All utilities are at or adjacent to the property.; High-traffic location on Rt 3 (Mississippi Ave.) with 20,100 ADT.; Ideal for self-storage development.
    (618) 570-8344
    Request Owner's contact information
    Mississippi Ave Cahokia, IL 62206
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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
    Mississippi Ave Cahokia, IL 62206
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