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    218 Scott Troy Rd O'Fallon, IL 62269

    Sponsored
    For Sale
    $655,654

    Prime O'Fallon, IL corner lot, ideal for retail or medical.

    Property size:
    55,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.281-acre commercial lot in O'Fallon, Illinois, presents a unique investment opportunity. Located at 218 Scott Troy Rd, this pad-ready corner lot boasts excellent visibility, fronting Scott Troy Road, a major thoroughfare with 11,000 vehicles daily. Its strategic location within the Aberdeen Village development, adjacent to 244 luxury townhomes, ensures high traffic and strong potential for various businesses. The property's B-1 zoning permits a wide range of uses, including retail, restaurants, medical offices, and fast food establishments. Proximity to I-64 (Exit 19B), Scott Air Force Base, and the new Boeing MQ-25 production facility further enhances its appeal. The lot features a lighted intersection and benefits from high daily traffic counts on I-64 (57,500 vehicles) and Highway 50 (13,200 vehicles). The asking price is $655,654, representing $11.75 per square foot for the 55,800 square foot lot. The parcel number is 04-27.0-300-026. The seller may consider build-to-suit options. This property offers unparalleled access to a thriving community and significant development potential. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

    Property Features for 218 Scott Troy Rd

    General Information

    Property type
    Land
    Square Feet
    55,800 SF
    Lot Size
    55,800 SF

    HighLights

    • Pad‑ready corner lot.
    • Lighted intersection.
    • Excellent location in Aberdeen Village, adjacent to 244 luxury townhomes.
    • 1.281 acres (55,800 sq ft).
    • Parcel No. 04‑27.0‑300‑026.
    • Seller may consider build‑to‑suit options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Clothing Store Gym & Fitness Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    O'Fallon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8736584
    Latitude
    38.5859493

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    FAQs

    What type of property is this?
    Land - Prime O'Fallon, IL corner lot, ideal for retail or medical.
    Where is this land located?
    The property is located at 218 Scott Troy Rd O'Fallon, IL.
    What is the asking price?
    The asking price for this property is $655,654.
    What are key features of this property?
    This property features: Pad-ready corner lot.; Lighted intersection.; Excellent location in Aberdeen Village, adjacent to 244 luxury townhomes.
    Request Owner's contact information
    218 Scott Troy Rd O'Fallon, IL 62269
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    O'Fallon, IL 62269
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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
    218 Scott Troy Rd O'Fallon, IL 62269
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