Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2621 State Route 157 Edwardsville, IL 62025

    For Sale
    $3,000,000

    Prime commercial land, ideal for development. High traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9.15-acre commercial development site presents a unique opportunity in Edwardsville, Illinois. Located at 2621 South State Route 157, this level parcel boasts 1,200 feet of frontage along a high-traffic roadway with an average daily traffic count of 15,800 vehicles. The property is zoned B-2 Commercial, allowing for a wide range of development possibilities. The asking price is $3,000,000, translating to $8.95 per square foot. The lot size is flexible, with the potential for division to accommodate multiple projects or build-to-suit options. This prime location in Madison County, Illinois (zip code 62025), offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a high-impact presence. The property's APN is 14-1-15-28-00-000-002. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving market. Don't miss out on this chance to secure a strategic location for your next venture.

    Property Features for 2621 State Route 157

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 9+ Acre Commercial Development Tract
    • Level lot, B‑2 Zoning
    • 1,200' of frontage on Route 157, 15,800 ADT
    • Divisible, build‑to‑suit opportunities available
    • $8.95/SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office 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
    -89.9440061
    Latitude
    38.8414469

    Nearby Similar for Sale

    • $758,700
      5.62 Acres

      Edwardsville Commercial Land For Sale

      Mixed-use commercial property in Gateway Commerce Center Enterprise zone.
      3955 Blackburn Rd, Edwardsville, IL 62025
      View Details
    • New
      $250,000
      1,972 SF

      Renovated Mixed-Use Edwardsville Gem

      Renovated mixed-use property in downtown Edwardsville, near shops and restaurants.
      401 S Buchanan St, Edwardsville, IL 62025
      View Details
    • New
      $450,000
      2,594 SF

      Edwardsville Commercial Property For Sale

      Well-maintained 2,594 SF commercial property in a desirable location.
      610 Saint Louis St, Edwardsville, IL 62025
      View Details
    • $545,000
      2,673 SF

      Edwardsville Commercial Opportunity on Center Grove

      Versatile commercial property in high-traffic area, ideal for retail/office.
      6455 Center Grove Rd, Edwardsville, IL 62025
      View Details
    • $1,350,000
      1 SF

      Edwardsville Commercial Site with Restaurant

      1.03 acre commercial site with restaurant and high traffic location.
      1100 Edwardsville Rd, Edwardsville, IL 62025
      View Details
    • $899,000
      6,380 SF

      Edwardsville Office Building For Sale

      Standalone office building with great visibility and ample parking.
      7205 Marine Rd, Edwardsville, IL 62025
      View Details

    FAQs

    What type of property is this?
    Land - Prime commercial land, ideal for development. High traffic location.
    Where is this land located?
    The property is located at 2621 State Route 157 Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 9+ Acre Commercial Development Tract; Level lot, B-2 Zoning; 1,200' of frontage on Route 157, 15,800 ADT
    Request Owner's contact information
    2621 State Route 157 Edwardsville, IL 62025
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2621 State Route 157
    Edwardsville, IL 62025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2621 State Route 157 Edwardsville, IL 62025
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.