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    324 Great Place Dr Edwardsville, IL 62025

    For Sale
    $1,209,091

    Prime 1.63-acre commercial lot in Edwardsville, IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.63-acre commercial lot, designated as Lot 2, is situated within the Alpha Omega Commercial Park in Edwardsville, Illinois, at 324 Great Place Dr. Its prime location offers unparalleled visibility and accessibility, boasting frontage on a five-lane highway and a four-way lighted intersection. The property enjoys a high-traffic count, averaging 20,000 vehicles daily, ensuring significant exposure for any commercial development. The lot is zoned for commercial use, providing flexibility for a variety of businesses. Its proximity to Ginger Creek adds to its appeal. The parcel number is 14-2-15-22-00-000-030, and property taxes are to be determined. This presents a unique opportunity to acquire a strategically located commercial land parcel in a thriving area of Edwardsville, offering substantial potential for growth and return on investment. The asking price for this exceptional property is $1,209,091. The property's address is 324 Great Place Dr, Lot 2, Edwardsville, IL 62025. Madison County is the county location.

    Property Features for 324 Great Place Dr

    General Information

    Property type
    Land
    Lot Size
    71,003 SF

    HighLights

    • $1,209,091 asking price.
    • 1.63‑acre commercial land parcel.
    • Located in Edwardsville, IL, 62025.
    • Commercial zoning.
    • APN: 14‑2‑15‑22‑00‑000‑030.
    • Situated in Alpha Omega Commercial Park, at a high‑traffic 4‑way intersection on a 5‑lane highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9801686
    Latitude
    38.7810787

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    FAQs

    What type of property is this?
    Land - Prime 1.63-acre commercial lot in Edwardsville, IL
    Where is this land located?
    The property is located at 324 Great Place Dr Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $1,209,091.
    What are key features of this property?
    This property features: $1,209,091 asking price.; 1.63-acre commercial land parcel.; Located in Edwardsville, IL, 62025.
    (618) 692-7290
    Request Owner's contact information
    324 Great Place Dr 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
    324 Great Place Dr Edwardsville, IL 62025
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