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    New Poag Rd - Edwardsville, IL 62025

    Sponsored
    For Sale
    $554,083

    Prime Commercial Lot, Stunning Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 1.6-acre commercial land parcel in Edwardsville, Illinois, presents a unique investment opportunity. Located at 0 NE New Poag Road - Lot 6 NE, the property boasts breathtaking views of the American Bottoms and St. Louis. Its prime location offers excellent visibility and accessibility, situated at a four-way lighted intersection. Zoned for commercial use, this lot is ideal for a variety of developments, including retail or upscale office spaces. The flexible presentation plat allows for adaptable building plans, though it's important to note that the property must be platted before closing. This lot is designated as number 6 on the presentation plat. Adding to its appeal, the property enjoys adjacency to the Enclave West student housing development, providing a potentially strong customer base. The asking price for this remarkable property is $554,083. This is a rare chance to acquire a highly visible and versatile commercial lot in a thriving area. The property's location and views make it an exceptional opportunity for a discerning investor.

    Property Features for 0 New Poag Rd -

    General Information

    Property type
    Land
    Lot Size
    69,696 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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?
    Land - Prime Commercial Lot, Stunning Views
    Where is this land 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.
    (618) 692-7290
    Request Owner's contact information
    New Poag Rd - Edwardsville, IL 62025
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    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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