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    4204 Frank Scott Pkwy Belleville, IL 62223

    Sponsored
    For Sale
    $2,482,920

    Prime 61-acre development land in Belleville, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 61-acre parcel presents a significant development opportunity in Belleville, Illinois. Located at 4204 Frank Scott Pkwy W, this commercially and residentially zoned (A-1 Single Family) property boasts over 2,400 feet of frontage along Frank Scott Parkway West. The land is level and easily divisible, making it ideal for a variety of projects. All utilities are available on-site, simplifying development plans. The property benefits from its location within a Tax Increment Financing (TIF) district and Enterprise Zone, offering potential economic incentives. Its strategic position across from Belleville West Township High School and a quarter-mile south of Route 15 provides excellent visibility and accessibility. The surrounding area features a thriving commercial corridor, anchored by major retailers such as Home Depot and Target, and numerous auto dealerships, ensuring high traffic volume and strong potential for commercial success. The asking price is $2,482,920, with a land value of $0.95 per square foot. The APN is 08-19.0-300-007. This is a rare opportunity to acquire a substantial tract of land in a high-growth area with significant development potential.

    Property Features for 4204 Frank Scott Pkwy

    General Information

    Property type
    Land
    Lot Size
    2,657,160 SF

    HighLights

    • 2,400 feet of frontage on Frank Scott Parkway West.
    • Level, divisible 61‑acre parcel; single‑family zoning.
    • All utilities available on‑site.
    • Excellent visibility across from Belleville West Township High School, 1⁄4 mile south of Route 15.
    • High‑traffic location near major retailers (Home Depot, Target) and auto dealerships.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St Clair
    State
    Illinois
    Longitude
    -90.033872
    Latitude
    38.516255

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    FAQs

    What type of property is this?
    Land - Prime 61-acre development land in Belleville, IL.
    Where is this land located?
    The property is located at 4204 Frank Scott Pkwy Belleville, IL.
    What is the asking price?
    The asking price for this property is $2,482,920.
    What are key features of this property?
    This property features: 2,400 feet of frontage on Frank Scott Parkway West.; Level, divisible 61-acre parcel; single-family zoning.; All utilities available on-site.
    (618) 973-5507
    Request Owner's contact information
    4204 Frank Scott Pkwy Belleville, IL 62223
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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
    4204 Frank Scott Pkwy Belleville, IL 62223
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