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    OFF-MARKET
    Land

    0 Wagon Wheel Rd, Roxana, IL 62087

    20 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 20 ac (871,200 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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