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    1602-92 Carlyle Ave Belleville, IL 62221

    Sponsored
    For Sale
    Contact for pricing

    Prime Belleville location, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity in Belleville, Illinois, presents a unique investment prospect. Located at 1602-92 Carlyle Ave (IL Route 161) near North Green Mount Rd, the property boasts lot sizes ranging from 0.8 to 1.63 acres, priced competitively at $12.75 to $14.50 per acre. Its strategic location offers unparalleled access to significant traffic generators, including the Green Mount Commons Shopping Center (anchored by Walmart and Lowe's) just a quarter-mile away. The property's proximity to Southwestern Illinois College (8,841 students) and Belleville East High School (2,472 students), both within half a mile, ensures a consistent flow of potential customers. The site benefits from a strong co-tenancy mix, including established businesses such as Lee's Famous Recipe Chicken, Papa John's Pizza, The Tan Company, State Farm, The Stash, Copy N Ship, and Hi Tokyo Restaurant. This prime location and established commercial presence make this land ideal for a variety of development projects, offering substantial potential for return on investment. The property is situated in St. Clair County, Illinois, with a zip code of 62221. The precise coordinates are 38.518939 latitude and -89.936215 longitude. This is a rare opportunity to acquire commercial land in a thriving area with high visibility and strong demographics.

    Property Features for 1602-92 Carlyle Ave

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • 0.8 to 1.63 acres of commercial land available in Belleville, IL.
    • Located on Carlyle Ave (IL Route 161) near North Green Mount Rd.
    • High traffic area, near Green Mount Commons (Walmart & Lowe's), Southwestern Illinois College, and Belleville East High School.
    • Strong co‑tenancy includes Lee's Famous Recipe Chicken, Papa John's Pizza, and other established businesses.
    • Land priced at $12.75 to $14.50 per acre.
    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 Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.936215
    Latitude
    38.518939

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    FAQs

    What type of property is this?
    Land - Prime Belleville location, high traffic area.
    Where is this land located?
    The property is located at 1602-92 Carlyle Ave Belleville, IL.
    What are key features of this property?
    This property features: 0.8 to 1.63 acres of commercial land available in Belleville, IL.; Located on Carlyle Ave (IL Route 161) near North Green Mount Rd.; High traffic area, near Green Mount Commons (Walmart & Lowe's), Southwestern Illinois College, and Belleville East High School.
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    1602-92 Carlyle Ave Belleville, IL 62221
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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
    1602-92 Carlyle Ave Belleville, IL 62221
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