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    108 College St Edwardsville, IL 62025

    Sponsored
    For Sale
    $1,050,000

    Prime 0.71-acre site, redevelopment ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.71-acre commercial land parcel presents a unique redevelopment opportunity in the vibrant heart of Downtown Edwardsville, Illinois, within the St. Louis MSA. Located at 108 & 112 E. College Street, this property is ideally situated adjacent to the renowned Wildey Theatre, ensuring high visibility and foot traffic. The site is zoned B-1-C, designating it as a Central Business/Downtown Transition District, allowing for a diverse range of commercial development possibilities. The asking price for this prime location is $1,050,000. Given its size, central location, and favorable zoning, this property offers significant potential for investors and developers seeking to capitalize on the thriving Edwardsville market. The address is 108 E College St, Edwardsville, IL 62025, in Madison County. This is a rare chance to acquire a substantial piece of land in a highly desirable area, poised for significant growth and return on investment. Detailed zoning information is available upon request. Don't miss this opportunity to secure a prominent presence in Edwardsville's dynamic downtown core.

    Property Features for 108 College St

    General Information

    Property type
    Land
    Lot Size
    30,928 SF

    HighLights

    • 0.71‑acre development site available.
    • Prime downtown Edwardsville location.
    • Wildey Theatre adjacency.
    • B‑1‑c Central Business/Downtown Transition zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.957757
    Latitude
    38.8145318

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    FAQs

    What type of property is this?
    Land - Prime 0.71-acre site, redevelopment ready.
    Where is this land located?
    The property is located at 108 College St Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 0.71-acre development site available.; Prime downtown Edwardsville location.; Wildey Theatre adjacency.
    Request Owner's contact information
    108 College St Edwardsville, IL 62025
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    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
    108 College St Edwardsville, IL 62025
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