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    847 Green Mount Rd Belleville, IL 62221

    Sponsored
    For Sale
    $530,000

    High-profile development site, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.92-acre commercial land parcel, located at 847 N Green Mount Rd, Belleville, IL 62221 (APN 08-01.0-407-107), presents a unique development opportunity. Zoned B-1 Neighborhood Community, this property boasts 273 feet of frontage on Green Mount Road, offering high visibility at a lighted entrance to Greystone Estates. The site enjoys a prominent hard corner location and benefits from an average daily traffic count of 19,000 vehicles. Its strategic location places it near major retail anchors including Dierbergs, Target, and Shiloh's newly developed retail district, all easily accessible from Green Mount Road and I-64. The property is also conveniently situated within a short distance of Memorial and St. Elizabeth's Hospitals (2017). Less than one mile from I-64, Exit 16, this site offers unparalleled access and connectivity. All utilities are available on-site. The asking price is $530,000, translating to a land value of $6.34 per square foot. Note that an adjacent 4.73-acre parcel is also available for purchase. This property is ideal for a variety of commercial developments.

    Property Features for 847 Green Mount Rd

    General Information

    Property type
    Land
    Lot Size
    83,635 SF

    HighLights

    • 1.92‑acre commercial lot at 847 N Green Mount Rd, Belleville, IL (APN 08‑01.0‑407‑107), zoned B‑1.
    • High‑visibility 273' frontage on Green Mount Rd, near major retailers (Dierbergs, Target) and I‑64.
    • Prominent corner location with 19,000 ADT, near Shiloh's retail district and hospitals.
    • Less than one mile from I‑64 Exit 16; all utilities available.
    • $530,000 asking price ($6.34/SF); adjacent 4.73‑acre parcel also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St Clair
    State
    Illinois
    Longitude
    -89.9292253
    Latitude
    38.5584699

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    FAQs

    What type of property is this?
    Land - High-profile development site, excellent location.
    Where is this land located?
    The property is located at 847 Green Mount Rd Belleville, IL.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: 1.92-acre commercial lot at 847 N Green Mount Rd, Belleville, IL (APN 08-01.0-407-107), zoned B-1.; High-visibility 273' frontage on Green Mount Rd, near major retailers (Dierbergs, Target) and I-64.; Prominent corner location with 19,000 ADT, near Shiloh's retail district and hospitals.
    (502) 767-4199
    Request Owner's contact information
    847 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
    847 Green Mount Rd Belleville, IL 62221
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