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    988 Green Mount Rd Belleville, IL 62221

    Sponsored
    For Sale
    $1,500,000

    17.48 Acres, I-64 Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17.48-acre commercial development site presents a compelling investment opportunity in Shiloh, Illinois. Located at 988 A North Green Mount Road, the property boasts 350 feet of frontage on a major thoroughfare with an average daily traffic count of 18,200 vehicles. Its strategic location offers easy access to key transportation arteries, being less than 1.5 miles from Interstate 64, Exit 16, and a convenient 25-minute commute to downtown St. Louis. The site is zoned CE-Country Estates, providing flexibility for various commercial ventures. The property's assessed parcel number (APN) is 09-06.0-309-003/004/005. Situated near the established Green Mount Crossing Shopping Center, this land parcel offers high visibility and potential for significant returns. The asking price is $1,500,000, translating to a land value of $85,812 per acre. This presents a rare chance to acquire a substantial tract of land in a thriving commercial area with excellent connectivity and development potential. The property is ideal for a range of commercial uses, making it an attractive proposition for both developers and investors seeking a strategic foothold in the St. Clair County market. Detailed zoning information and development guidelines are readily available.

    Property Features for 988 Green Mount Rd

    General Information

    Property type
    Land
    Lot Size
    761,429 SF

    HighLights

    • 17.48‑acre commercial development site.
    • 350' of frontage on North Green Mount Road, 18,200 ADT.
    • Proximity to Green Mount Crossing Shopping Center.
    • Less than 1.5 miles to I‑64, Exit 162.
    • 5 minutes from Downtown St. Louis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.925809
    Latitude
    38.562226

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    FAQs

    What type of property is this?
    Land - 17.48 Acres, I-64 Proximity
    Where is this land located?
    The property is located at 988 Green Mount Rd Belleville, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 17.48-acre commercial development site.; 350' of frontage on North Green Mount Road, 18,200 ADT.; Proximity to Green Mount Crossing Shopping Center.
    (618) 407-4240
    Request Owner's contact information
    988 Green Mount Rd Belleville, IL 62221
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    Belleville, IL 62221
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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
    988 Green Mount Rd Belleville, IL 62221
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