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    Prime Development Land Fairview Heights, IL 62208

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    For Sale
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    59.5 Acres, Prime Location, Hwy 50 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 59.5-acre commercial land parcel presents a remarkable development opportunity in O'Fallon, Illinois. Strategically located just off Highway 50, this property enjoys excellent visibility and convenient access to major transportation arteries, including Highway 158 and Interstate 64. Its proximity to both a proposed and an existing industrial park positions it ideally for a variety of commercial ventures. The site boasts strong demographics within a rapidly growing area, making it an attractive investment. The terrain is largely level or gently sloping, simplifying development plans and minimizing site preparation costs. The land is zoned for commercial use (verification required by buyer). This substantial acreage offers significant potential for developers seeking a prime location in a thriving market. Detailed surveys and environmental reports are available upon request. The asking price is $27,500 per acre. This represents a unique chance to acquire a large, well-situated parcel in a high-demand area of St. Clair County, Illinois, with a 62208 zip code. Don't miss this opportunity to secure a piece of O'Fallon's burgeoning commercial landscape.

    Property Features for 0 Prime Development Land

    General Information

    Property type
    Land
    Lot Size
    2,591,820 SF

    HighLights

    • 59.5 acres of prime developable land near Hwy 50 in O'Fallon, IL.
    • Adjacent to a proposed industrial park and near an existing one.
    • Excellent access to Hwy 158 and I‑64.
    • Strong demographics in a rapidly growing area.
    • Mostly level to gently sloping terrain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.0093266
    Latitude
    38.6005324

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    FAQs

    What type of property is this?
    Land - 59.5 Acres, Prime Location, Hwy 50 Access
    Where is this land located?
    The property is located at Prime Development Land Fairview Heights, IL.
    What are key features of this property?
    This property features: 59.5 acres of prime developable land near Hwy 50 in O'Fallon, IL.; Adjacent to a proposed industrial park and near an existing one.; Excellent access to Hwy 158 and I-64.
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    Prime Development Land Fairview Heights, IL 62208
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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
    Prime Development Land Fairview Heights, IL 62208
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