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    Smt Spg Fairview Heights, IL 62208

    Sponsored
    For Sale
    $824,000

    103 Acres, R-3 Zoning, $824,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 103-acre commercial development opportunity in Fairview Heights, Illinois, priced at $824,000 ($8,000/acre). This unimproved land, located behind the Summit Springs Subdivision, is zoned R-3 and boasts convenient access to major transportation arteries. Originally platted for 124 lots (Phases III & IV), the property presents potential for high-density residential development, subject to rezoning consideration by Fairview Heights. Its strategic location offers proximity to downtown St. Louis (10-15 minutes), the I-64/Highway 50 interchange (2 miles), and St. Clair Square, a vibrant retail hub featuring numerous restaurants, hotels (including the Sheraton Four Points), and major retailers. Utilities are readily accessible. APN: 13-19-100-003, 13-19-405-010. This substantial parcel presents a unique investment prospect with significant upside potential.

    Property Features for 0 Smt Spg

    General Information

    Property type
    Land
    Lot Size
    4,486,680 SF

    HighLights

    • $824,000 asking price.
    • 103‑acre commercial land parcel.
    • R‑3 zoning.
    • $8,000 per acre land value.
    • APN: 13‑19‑100‑003, 13‑19‑405‑010.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.0245492
    Latitude
    38.6131799

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    FAQs

    What type of property is this?
    Land - 103 Acres, R-3 Zoning, $824,000
    Where is this land located?
    The property is located at Smt Spg Fairview Heights, IL.
    What is the asking price?
    The asking price for this property is $824,000.
    What are key features of this property?
    This property features: $824,000 asking price.; 103-acre commercial land parcel.; R-3 zoning.
    (618) 570-8344
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    Smt Spg 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
    Smt Spg Fairview Heights, IL 62208
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