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    New Poag Rd - Edwardsville, IL 62025

    For Sale
    $627,264

    Prime Commercial Lot, Stunning Views, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.8-acre commercial land parcel in Edwardsville, Illinois, presents a unique investment opportunity. Located at 0 NE New Poag Road - Lot 3 NE, 62025, this property boasts breathtaking views of the American Bottoms and St. Louis. Its strategic location offers high visibility due to access to a four-way lighted intersection, ensuring maximum exposure for any development. The flexible presentation plat allows for diverse development options, catering to a range of commercial uses, including retail or upscale office spaces. Note that the property must be platted before closing. This lot, designated as number 3 on the presentation plat, is ideally situated adjacent to the Enclave West student housing development, providing a strong potential customer base. The asking price for this remarkable property is $627,264. This is a rare chance to acquire a highly desirable commercial lot in a thriving area with significant growth potential. Serious inquiries are encouraged.

    Property Features for 0 New Poag Rd -

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • 1.8‑acre commercial land parcel in Edwardsville, IL, at 0 NE New Poag Road - Lot 3 NE, 62025.
    • High‑visibility location at a four‑way lighted intersection, offering maximum exposure.
    • Flexible plat allows for diverse commercial development (retail or office).
    • Adjacent to Enclave West student housing.
    • Asking price: $627,264.
    • Property must be platted before closing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9440061
    Latitude
    38.8414469

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Stunning Views, High Visibility
    Where is this land located?
    The property is located at New Poag Rd - Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $627,264.
    What are key features of this property?
    This property features: 1.8-acre commercial land parcel in Edwardsville, IL, at 0 NE New Poag Road - Lot 3 NE, 62025.; High-visibility location at a four-way lighted intersection, offering maximum exposure.; Flexible plat allows for diverse commercial development (retail or office).
    (618) 692-7290
    Request Owner's contact information
    New Poag Rd - Edwardsville, IL 62025
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    Edwardsville, IL 62025
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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
    New Poag Rd - Edwardsville, IL 62025
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