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    Frank Scott Pkwy Belleville, IL 62226

    Sponsored
    For Sale
    $699,000

    2.47 Acres, Planned Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2.47-acre commercial land parcel presents a remarkable investment opportunity in the thriving Swansea, Illinois market. Located at the highly visible intersection of Frank Scott Parkway and Old Collinsville Road, this property boasts a strategic location with excellent visibility and accessibility. The site is zoned Planned Business (Zone D), offering a wide range of development possibilities. With a significant 575 feet of frontage along Frank Scott Parkway, this property benefits from high traffic counts, estimated at 18,400 average daily traffic. A signalized light and curb cut provide convenient ingress and egress. All utilities are conveniently located on-site, simplifying development and reducing infrastructure costs. The asking price is $699,000, translating to $282,996 per acre, reflecting the property's prime location and development potential. The property's APN is 0 8-0 3 . 0-2 0 0-3 5. This is an ideal location for a variety of commercial ventures, offering significant potential for return on investment. Don't miss this chance to acquire a premier commercial site in a rapidly growing area. Contact us today to learn more about this exceptional opportunity.

    Property Features for 0 Frank Scott Pkwy

    General Information

    Property type
    Land
    Lot Size
    107,593 SF

    HighLights

    • $699,000 asking price for 2.47 acres of commercial land.
    • Planned Business zoning.
    • Located in Swansea, IL (St. Clair County), at the intersection of Frank Scott Parkway and Old Collinsville Road.
    • Features a signalized intersection with curb cut and all utilities on‑site.
    • Offers 575 feet of frontage on Frank Scott Parkway and high traffic counts (18,400 ADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.036069
    Latitude
    38.5270489

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    FAQs

    What type of property is this?
    Land - 2.47 Acres, Planned Business Zoning
    Where is this land located?
    The property is located at Frank Scott Pkwy Belleville, IL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: $699,000 asking price for 2.47 acres of commercial land.; Planned Business zoning.; Located in Swansea, IL (St. Clair County), at the intersection of Frank Scott Parkway and Old Collinsville Road.
    (618) 407-4240
    Request Owner's contact information
    Frank Scott Pkwy Belleville, IL 62226
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    Belleville, IL 62226
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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
    Frank Scott Pkwy Belleville, IL 62226
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