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    330 Great Place Dr Edwardsville, IL 62025

    Sponsored
    For Sale
    $1,227,468

    Prime 1.66-acre commercial warehouse lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 1.66-acre commercial warehouse lot, located at 330 Great Place Dr, Lot 1 in Edwardsville, Illinois (zip code 62025), presents a unique investment opportunity. Situated within the Alpha Omega Commercial Park, this property boasts unparalleled visibility and accessibility. The lot is zoned for commercial use and benefits from a high-traffic location on a five-lane highway at a four-way lighted intersection, experiencing an average daily traffic count of 20,000 vehicles. Its strategic position directly across from the entrance to Ginger Creek further enhances its appeal. The property is designated as Lot 1 and is ideal for the development of a warehouse or other commercial structure. While the exact parcel number and current property taxes are to be determined, the annual tax estimate is $84. Please note that sewer service is not currently available. This property offers significant potential for growth and return on investment due to its prime location and high visibility. Serious inquiries are encouraged.

    Property Features for 330 Great Place Dr

    General Information

    Property type
    Distribution properties
    Lot Size
    72,310 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -89.979919
    Latitude
    38.781591

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    FAQs

    What type of property is this?
    Distribution property - Prime 1.66-acre commercial warehouse lot.
    Where is this distribution property located?
    The property is located at 330 Great Place Dr Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $1,227,468.
    Request Owner's contact information
    330 Great Place Dr 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
    330 Great Place Dr Edwardsville, IL 62025
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