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    1091 Green Mount Rd Belleville, IL 62221

    For Sale
    $890,000

    4.28-acre B-2 zoned commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.28-acre commercial development site, located at 1091 North Green Mount Rd in Belleville, Illinois (zip code 62221), presents a unique investment opportunity. The property, identified by APN 08-01.0-200-029, boasts a desirable B-2 zoning designation and is priced at $890,000, or $4.77 per square foot. With an impressive 169 feet of frontage on North Green Mount Rd, which sees an average daily traffic count of 19,000 vehicles, this site offers unparalleled visibility and accessibility. All utilities are conveniently located on-site, simplifying development plans. The strategic location is a key advantage, situated just half a mile from I-64, exit 16, ensuring easy access to major transportation routes. The property's proximity to established businesses like Target and Dierbergs, as well as the new Memorial and St. Elizabeth Hospitals, and its adjacency to the Shiloh Springs Development, further enhances its appeal. The potential for expansion is also noteworthy, with an additional 2.6 acres available for acquisition. This translates to a sale price per acre of $207,944. This prime location and versatile zoning make this an ideal site for a variety of commercial ventures. Don't miss this chance to secure a highly sought-after development opportunity in a thriving area.

    Property Features for 1091 Green Mount Rd

    General Information

    Property type
    Land
    Lot Size
    186,437 SF

    HighLights

    • 4.28‑acre commercial development site in Belleville, IL (62221), APN 08‑01.0‑200‑029.
    • 169' of frontage on North Green Mount Rd, 19,000 ADT, B‑2 zoning, all utilities on‑site.
    • 0.5 miles from I‑64, Exit 16; near Target, Dierbergs, new Memorial & St. Elizabeth Hospitals, and Shiloh Springs Development.
    • Adjacent 2.6 acres available for acquisition.
    • $207,944 per acre; total price $890,000.
    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
    -89.930344
    Latitude
    38.566901

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    FAQs

    What type of property is this?
    Land - 4.28-acre B-2 zoned commercial lot
    Where is this land located?
    The property is located at 1091 Green Mount Rd Belleville, IL.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: 4.28-acre commercial development site in Belleville, IL (62221), APN 08-01.0-200-029.; 169' of frontage on North Green Mount Rd, 19,000 ADT, B-2 zoning, all utilities on-site.; 0.5 miles from I-64, Exit 16; near Target, Dierbergs, new Memorial & St. Elizabeth Hospitals, and Shiloh Springs Development.
    (618) 407-4240
    Request Owner's contact information
    1091 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
    1091 Green Mount Rd Belleville, IL 62221
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