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    Wagon Wheel Rd Roxana, IL 62087

    • Land
    • 20.00 lot acres
    For Sale
    View listing
    $1,027,750
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Wagon Wheel Rd

    Lot size
    20.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 41-acre industrial development site presents a unique investment opportunity in South Roxana, Illinois. Located in Madison County, this property boasts a convenient location, just one mile from Interstate 255 (Exit 3), ensuring excellent accessibility for transportation and logistics. The land is zoned for industrial use, offering significant potential for various development projects. All utilities are readily available, simplifying the construction process. The site features level topography, making it ideal for efficient development and minimizing site preparation costs. Adding to its appeal, this property is situated within both a Tax Increment Financing (TIF) District and an Enterprise Zone, potentially offering significant tax advantages and economic incentives for developers. The APN is 18-1-14-12-00-000-007. The asking price is $1,027,750, translating to $25,000 per acre. This represents a compelling value proposition for investors seeking a strategically located, readily developable industrial land parcel. The property address is Wagon Wheel Rd, South Roxana, IL 62087.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roxana
    County
    Madison
    State
    Illinois
    Longitude
    -90.063
    Latitude
    38.8127

    Comparable in this City

    • Value Estimation
      $285,000
      1.00 Acre

      109 Velma Ave

      INDUSTRIAL (GENERAL) • 1.00 Acre
      109 Velma Ave, South Roxana, IL 62087-1528
      View Details
    • Value Estimation by Request
      18.00 Acres

      211 Sinclair Ave

      WASTE DISPOSAL, SEWAGE • 18.00 Acres
      211 Sinclair Ave, South Roxana, IL 62087-1550
      View Details
    • Value Estimation by Request
      0.14 Acres

      109 Indiana Ave

      INDUSTRIAL - VACANT LAND • 0.14 Acres
      109 Indiana Ave, South Roxana, IL 62087-1624
      View Details
    • Value Estimation by Request
      0.24 Acres

      Indiana Ave

      INDUSTRIAL - VACANT LAND • 0.24 Acres
      Indiana Ave, South Roxana, IL 62087
      View Details
    • Value Estimation by Request
      0.43 Acres

      Madison St

      INDUSTRIAL - VACANT LAND • 0.43 Acres
      Madison St, South Roxana, IL 62087
      View Details
    • Value Estimation by Request
      0.22 Acres

      Madison St

      INDUSTRIAL - VACANT LAND • 0.22 Acres
      Madison St, South Roxana, IL 62087
      View Details

    Similar Nearby for Sale

    • $1,027,750
      20.00 Acres

      41-Acre Industrial Development Land

      Prime Industrial Site, South Roxana, IL
      0 Wagon Wheel Rd, Roxana, IL 62087
      View Details
    • $875,000
      9,600 SF

      South Roxana Office/Warehouse

      9,600 SF Industrial Space, Great Location
      410 Broadway Ave, South Roxana, IL 62087
      View Details
    • Contact for pricing
      0.26 Acres

      Residential Lot Ready For Building

      Residential lot with driveway, mature trees, and available utilities.
      408 Indiana Ave, South Roxana, IL 62087
      View Details
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    Wagon Wheel Rd
    Roxana, IL 62087
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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
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