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    5500 Blf Vw Commerce Park Dr Glen Carbon, IL 62034

    Sponsored
    For Sale
    $6,091,200

    Prime Commercial Land, I-270 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 38.07-acre commercial land parcel is strategically located in Glen Carbon, Illinois, within the Ameren Office Development. Boasting 2,000 feet of frontage on Route 157, this property offers unparalleled visibility and accessibility. Its proximity to the I-270/IL-157 interchange (Exit 9) provides convenient access to major transportation arteries, placing it within two miles of both Interstate 255 and Southern Illinois University. The site is zoned for General Commercial use and includes all utilities. The asking price is $6,091,200, translating to $160,000 per acre. This presents a unique opportunity for developers seeking a substantial land holding in a high-growth area. The property's size allows for division, catering to various development needs. Parcel numbers are 14-2-15-32-00-000-43, 14-2-15-32-00-000-044, and 14-2-15-32-00-000-45. Located in Madison County, with a 62034 zip code, this property is ideally situated for a wide range of commercial ventures. The site's location near established businesses and educational institutions makes it an attractive investment opportunity.

    Property Features for 5500 Blf Vw Commerce Park Dr

    General Information

    Property type
    Land
    Lot Size
    1,658,329 SF

    HighLights

    • 38‑acre site divisible into smaller parcels.
    • Prime location near I‑270/IL‑157 interchange (Exit 9).
    • Two miles from Interstate 255.
    • 2,000 feet of frontage on Route 157.
    • Situated within the Ameren Office Development.
    • Two miles from Southern Illinois University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Glen Carbon
    County
    Madison
    State
    Illinois
    Longitude
    -89.9580123
    Latitude
    38.7629874

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, I-270 Access
    Where is this land located?
    The property is located at 5500 Blf Vw Commerce Park Dr Glen Carbon, IL.
    What is the asking price?
    The asking price for this property is $6,091,200.
    What are key features of this property?
    This property features: 38-acre site divisible into smaller parcels.; Prime location near I-270/IL-157 interchange (Exit 9).; Two miles from Interstate 255.
    Request Owner's contact information
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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
    5500 Blf Vw Commerce Park Dr Glen Carbon, IL 62034
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