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    Cross St & Frank Scott Pkwy Shiloh, IL 62269

    For Sale
    $6,470,000

    27 Acres, I-64 Access, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 27+/- acre commercial development site presents a unique investment opportunity in the thriving Shiloh, Illinois market. Located at the intersection of Cross Street and Frank Scott Parkway, this property boasts a prime location adjacent to Memorial/BJC Hospital and the Siteman Cancer Center, ensuring high visibility and accessibility. The site is zoned B-3, allowing for a wide range of commercial development possibilities. With convenient access to Interstate 64, this location offers unparalleled connectivity to regional transportation networks. The property's APN is 09-05.0-208-005

    Property Features for 0 Cross St & Frank Scott Pkwy

    General Information

    Property type
    Land
    Lot Size
    1,176,120 SF

    HighLights

    • 27+/- acre commercial development site, divisible parcels.
    • B‑3 Commercial zoning.
    • Located in a rapidly growing area.
    • Adjacent to Memorial/BJC Hospital and Siteman Cancer Center.
    • Convenient I‑64 access.
    • Located in a Tax Increment Financing (TIF) district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shiloh
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9029608
    Latitude
    38.5692461

    Nearby Comparable

    • $6,470,000

      27-Acre Development Site in Shiloh

      27-acre commercially zoned site with easy access to I-64.
      1500 Cross St, Shiloh, IL 62269
      View Details
    • $2,710,000

      Shiloh IL Multifamily Land

      26+ Acres, 250-310 Units Possible
      1698 Cross St, Shiloh, IL 62269
      View Details
    • $650,000
      1.00 Acre

      Prime O'Fallon Commercial Land

      One-acre lot, 32 parking spaces, high visibility.
      121 Main St, O'Fallon, IL 62269
      View Details
    • $27,704,160

      Shiloh Land For Sale

      Land suitable for retail, office, or mixed-use development.
      2001 Frank Scott Pkwy E, Shiloh, IL 62223
      View Details
    • $1,176,120
      3.00 Acres

      Shiloh, IL Commercial Land - $1.1M

      Prime 3-acre development site in Shiloh, IL.
      0 Frank Scott Pkwy, Shiloh, IL 62269
      View Details

    FAQs

    What type of property is this?
    Land - 27 Acres, I-64 Access, High Growth
    Where is this land located?
    The property is located at Cross St & Frank Scott Pkwy Shiloh, IL.
    What is the asking price?
    The asking price for this property is $6,470,000.
    What are key features of this property?
    This property features: 27+/- acre commercial development site, divisible parcels.; B-3 Commercial zoning.; Located in a rapidly growing area.
    (618) 977-8367
    Request Owner's contact information
    Cross St & Frank Scott Pkwy Shiloh, 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
    Cross St & Frank Scott Pkwy Shiloh, IL 62269
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