Hwy 162 / Edwardsville Rd Troy, IL 62294
- Land
- 1.30 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hwy 162 / Edwardsville Rd
- Lot size
- 1.30 lot acres
- Property type
- Land
Description
This exceptional 1.3-acre commercial lot is strategically located at the signalized intersection of Highway 162 (Edwardsville Road) and Troy Boulevard in Troy, Illinois, zip code 62294. Zoned C-2 General Commercial, this property presents a remarkable opportunity for a variety of businesses, including grocery stores, restaurants, office spaces, and retail establishments. The land is priced at $733,332, translating to $13.02 per square foot. Utilities including sewer, water, electricity, and gas are readily available along Highway 162. This parcel benefits from its high visibility and accessibility, situated just half a mile from the intersection of Interstates 55 and 70, a major thoroughfare boasting 14,600 vehicles daily. The property's location within Madison County, Illinois, offers excellent access to a substantial consumer base. While this is a single 1.3-acre parcel, it's important to note that this is part of a larger development with approximately 21.65 acres total, offering potential for expansion or synergy with neighboring businesses. This prime location and versatile zoning make this an exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Madison
- State
- Illinois
- Longitude
- -89.8832
- Latitude
- 38.7291
