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    Main St Maryville, IL 62062

    Sponsored
    For Sale
    $390,000

    High-traffic corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional .55-.6 acre commercial land parcel is situated at the highly visible corner of North Center Street and East Main Street in Maryville, Illinois (zip code 62062), offering unparalleled development potential. The property boasts approximately 110 feet of frontage on North Center Street and 234 feet on East Main Street, providing ample space for a variety of commercial ventures. Zoned B-1 Community Business, permitted uses include office, medical, and retail establishments. The lot is level and ready for construction, featuring public utilities readily available. With a daily traffic count of 17,000 vehicles on North Center Street and 3,400 on East Main Street, this location ensures high visibility and accessibility. Setback requirements are 20 feet on the front, south, and rear sides, and 0 feet on the north side. This prime development opportunity is priced at $390,000 and presents a significant return on investment in a thriving community. Located in Madison County, this property is an exceptional opportunity for developers seeking a high-traffic, easily accessible location.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    23,958 SF

    HighLights

    • .55-.60 acre lot size.
    • Level building site with available public utilities.
    • Suitable for office, medical, or retail development.
    • Approx. 110' frontage on North Center St & 234' on East Main St.
    • Setbacks: 20' front, south, and rear; 0' north.
    • Located in Madison County, IL, zoned B‑1 Community Business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Maryville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9565394
    Latitude
    38.7236951

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for development.
    Where is this land located?
    The property is located at Main St Maryville, IL.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: .55-.60 acre lot size.; Level building site with available public utilities.; Suitable for office, medical, or retail development.
    Request Owner's contact information
    Main St Maryville, IL 62062
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    Maryville, IL 62062
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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
    Main St Maryville, IL 62062
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