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    New Poag Rd - Edwardsville, IL 62025

    Sponsored
    For Sale
    $554,083

    Prime 1.6-acre commercial lot, stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.6-acre commercial lot in Edwardsville, Illinois, presents a unique investment opportunity. Located at 0 NE New Poag Road - Lot 4 NE, this vacant land boasts breathtaking views of the American Bottoms, St. Louis, and beyond. Its ideal location offers easy access to a four-way lighted intersection, ensuring high visibility and convenient access for potential businesses. The property's flexible presentation plat allows for diverse development options, making it suitable for a variety of commercial uses, including retail establishments or upscale office spaces. Note that the property must be platted before closing. This lot, designated as number 4 on the presentation plat, benefits from its adjacency to the Enclave West student housing development, providing a potentially strong customer base. The property is zoned for commercial use and presents a compelling opportunity for investors seeking a high-impact location with significant development potential in a thriving area. The asking price is $554,083. The property is located in Madison County, Illinois, zip code 62025.

    Property Features for 0 New Poag Rd -

    General Information

    Property type
    Distribution properties
    Lot Size
    69,696 SF

    HighLights

    • $554,083 asking price.
    • 1.6‑acre lot.
    • Edwardsville, IL, 62025.
    • Vacant commercial land suitable for retail or upscale office development.
    • Located at 0 NE New Poag Road - Lot 4 NE, Madison County, IL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Auto Repair Shop HVAC Service

    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

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    FAQs

    What type of property is this?
    Distribution property - Prime 1.6-acre commercial lot, stunning views.
    Where is this distribution property located?
    The property is located at New Poag Rd - Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $554,083.
    What are key features of this property?
    This property features: $554,083 asking price.; 1.6-acre lot.; Edwardsville, IL, 62025.
    Request Owner's contact information
    New Poag Rd - 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
    New Poag Rd - Edwardsville, IL 62025
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