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    7012 Godfrey Rd Godfrey, IL 62035

    Sponsored
    For Sale
    $1,831,284

    14+ Acres, I-255 Visibility, B-4 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 14.08-acre commercial development site in Godfrey, Illinois, presents a unique investment opportunity. Boasting 1,700 feet of highly visible frontage along Interstate 255, this property is strategically located at the interchange of I-255 and Highway 67, offering unparalleled exposure for any commercial venture. The site is zoned B-4 Highway Business, allowing for a wide range of development possibilities. Its convenient location also benefits from proximity to Illinois Route 111 and US 67, ensuring excellent accessibility and high traffic volume. The property, identified by APN 24-1-01-15-02-201-007.004, is priced at $1,831,284, translating to $130,062 per acre. The land is divisible, providing flexibility for developers seeking smaller parcels. This prime location, coupled with its advantageous zoning and high visibility, makes this an ideal site for a variety of commercial uses, promising significant return on investment. Serious inquiries are encouraged.

    Property Features for 7012 Godfrey Rd

    General Information

    Property type
    Land
    Lot Size
    613,325 SF

    HighLights

    • 14‑acre commercial development site, divisible parcels.
    • B‑4 Highway Business zoning.
    • 1,700 feet of high‑visibility Interstate frontage.
    • Prime location at the intersection of IL Route 111, US 67, and I‑255.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Godfrey
    County
    Madison
    State
    Illinois
    Longitude
    -90.1977644
    Latitude
    38.9741806

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    FAQs

    What type of property is this?
    Land - 14+ Acres, I-255 Visibility, B-4 Zoning
    Where is this land located?
    The property is located at 7012 Godfrey Rd Godfrey, IL.
    What is the asking price?
    The asking price for this property is $1,831,284.
    What are key features of this property?
    This property features: 14-acre commercial development site, divisible parcels.; B-4 Highway Business zoning.; 1,700 feet of high-visibility Interstate frontage.
    (618) 610-1632
    Request Owner's contact information
    7012 Godfrey Rd Godfrey, IL 62035
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    Godfrey, IL 62035
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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
    7012 Godfrey Rd Godfrey, IL 62035
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