0 Wagon Wheel Rd, Roxana, IL 62087
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.