Property profile

0 Wagon Wheel Rd Roxana, IL 62087

OFF-MARKET
Land
20 ac lot
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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

Location

Wagon Wheel Rd Roxana, IL 62087
Roxana 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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