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    Il-162 Maryville, IL 62062

    Sponsored
    For Sale
    $3,377,274

    14.25-acre commercial development site in Maryville, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 14.25-acre commercial development site presents a unique investment opportunity in Maryville, Illinois. Zoned B-1, this property boasts 1,700 feet of frontage on Route 162, offering unparalleled visibility and accessibility. Its strategic location provides convenient access to major transportation arteries, situated just 1.7 miles from I-55/70 Exit 18 and 1.4 miles from I-270 Exit 12. The land is priced at $5.44 per square foot. The property's proximity to Anderson Hospital further enhances its appeal, offering potential for synergistic development opportunities. The site is divisible, with a minimum of 2 acres per parcel, allowing for flexibility in development plans to suit various needs. This prime location, combined with its size and accessibility, makes this property ideal for a wide range of commercial ventures. The parcel's APN is 13-1-21-01-00-000-002. This is a rare opportunity to acquire a significant commercial land holding in a thriving area of Madison County, Illinois, with a zip code of 62062. The property is located at IL-162, Maryville, IL.

    Property Features for 0 Il-162

    General Information

    Property type
    Land
    Lot Size
    620,730 SF

    HighLights

    • 14.25‑acre development site with 1,700 feet of frontage on IL‑162.
    • Excellent highway access: 1.4 miles from I‑270 (Exit 12) and 1.7 miles from I‑55/70 (Exit 18).
    • Minimum 2‑acre divisible parcels.
    • 1,700 feet of frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Maryville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9668048
    Latitude
    38.7384697

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    FAQs

    What type of property is this?
    Land - 14.25-acre commercial development site in Maryville, IL.
    Where is this land located?
    The property is located at Il-162 Maryville, IL.
    What is the asking price?
    The asking price for this property is $3,377,274.
    What are key features of this property?
    This property features: 14.25-acre development site with 1,700 feet of frontage on IL-162.; Excellent highway access: 1.4 miles from I-270 (Exit 12) and 1.7 miles from I-55/70 (Exit 18).; Minimum 2-acre divisible parcels.
    (618) 610-1632
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    Il-162 Maryville, IL 62062
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    Maryville, IL 62062
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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
    Il-162 Maryville, IL 62062
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