Property profile

1635-1643 Sauget Business Blvd Sauget, IL 62206

OFF-MARKET
Land
12.65 ac lot
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Property summary

AI-generated overview

This exceptional 12.65-acre commercial and industrial land parcel presents a unique development opportunity in the thriving Sauget Business Park, Illinois. Located at 1635-1643 Sauget Business Boulevard, Sauget, IL 62206 (APN: 01-36.0-402-004 & 01-36.0-104-005), this property boasts convenient access to Interstate 255 and proximity to St. Louis Downtown Airport, placing it within easy reach of the broader St. Louis metropolitan area and just a few miles from downtown St. Louis. The site is zoned for industrial use and features all utilities already in place, significantly reducing development costs and timelines. Further enhancing its appeal, this location benefits from both Enterprise Zone and Tax Increment Financing (TIF) incentives, offering substantial financial advantages for prospective developers. The asking price for this strategically positioned land is $826,551. This prime location, coupled with the available incentives and existing infrastructure, makes this a compelling investment for businesses seeking to establish or expand their operations in a dynamic and well-connected market. The property's central location within the St. Louis metropolitan area ensures excellent access to a large and diverse workforce, as well as a robust consumer base. This is a rare opportunity to acquire a sizable, fully-serviced industrial land parcel in a high-demand area.

Property profile

Verified
Property type Land
Lot 12.65 ac (551,034 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1635-1643 Sauget Business Blvd Sauget, IL 62206
Sauget metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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