0 Prime Development Land Fairview Heights, IL 62208
This exceptional 59.5-acre commercial land parcel presents a remarkable development opportunity in O'Fallon, Illinois. Strategically located just off Highway 50, this property enjoys excellent visibility and convenient access to major transportation arteries, including Highway 158 and Interstate 64. Its proximity to both a proposed and an existing industrial park positions it ideally for a variety of commercial ventures. The site boasts strong demographics within a rapidly growing area, making it an attractive investment. The terrain is largely level or gently sloping, simplifying development plans and minimizing site preparation costs. The land is zoned for commercial use (verification required by buyer). This substantial acreage offers significant potential for developers seeking a prime location in a thriving market. Detailed surveys and environmental reports are available upon request. The asking price is $27,500 per acre. This represents a unique chance to acquire a large, well-situated parcel in a high-demand area of St. Clair County, Illinois, with a 62208 zip code. Don't miss this opportunity to secure a piece of O'Fallon's burgeoning commercial landscape.
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
Similar Nearby for Lease
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.