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    Hwy 162 / Edwardsville Rd Troy, IL 62294

    • Land
    • 1.98 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hwy 162 / Edwardsville Rd

    Lot size
    1.98 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Madison
    State
    Illinois
    Longitude
    -89.8832
    Latitude
    38.7291

    Comparable in this City

    • Value Estimation by Request
      0.70 Acres

      7701 Plummer Business Dr

      Land • 0.70 Acres
      7701 Plummer Business Dr, Troy, IL 62294
      View Details
    • Value Estimation by Request
      1.35 Acres

      320 Hwy

      Land • 1.35 Acres
      320 Hwy, Troy, IL 62294
      View Details
    • Value Estimation by Request
      1.56 Acres

      7358 Il-162

      Land • 1.56 Acres
      7358 Il-162, Troy, IL 62294
      View Details
    • Value Estimation by Request
      2.05 Acres

      Us Highway 40

      Land • 2.05 Acres
      0 Us Highway 40, Troy, IL 62294
      View Details
    • Value Estimation by Request
      0.68 Acres

      Hwy 162 / Edwardsville Rd

      Land • 0.68 Acres
      0 Hwy 162 / Edwardsville Rd, Troy, IL 62294
      View Details
    • Value Estimation by Request
      2.10 Acres

      Rt 162 & Formosa Rd

      Land • 2.10 Acres
      0 Rt 162 & Formosa Rd, Troy, IL 62294
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.35 Acres

      Highway 40 Commercial Land

      Two prime commercial lots in Troy, IL.
      320 Hwy 40, Troy, IL 62294
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    • Contact for pricing
      0.70 Acres

      Troy Commercial Land - I-55 Access

      Developed lots, build-to-suit options.
      7701 Plummer Business Dr, Troy, IL 62294
      View Details
    • Contact for pricing
      4.00 Acres

      Plummer Business Park: Troy, IL

      Industrial Land: Prime Troy Location
      7700 Plummer Business Dr, Troy, IL 62294
      View Details
    • Contact for pricing
      2.10 Acres

      Prime Troy Industrial Land

      I-1 Zoned Land, Build-to-Suit Available
      0 Rt 162 & Formosa Rd, Troy, IL 62294
      View Details
    • $176,418

      Commercial Land on Highway 40

      1.35 AC commercial land near Triad High School.
      320 Us Highway 40, Troy, IL 62294
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    • $499,000

      Prime Commercial Land Opportunity

      1.56 acres near I-55, ideal for retail/hospitality.
      7358 State Route 162, Troy, IL 62294
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      466,280 SF

      Plummer Business Park: Industrial Land

      21.5-acre industrial park; build-to-suit options.
      7700 Plummer Business Dr, Troy, IL 62294
      View Details
    • $13 SF/Yr
      30,500 SF

      Troy Shopping Center: Executive Suites

      Prime Troy location, retail & office space available.
      7640 Plummer Business Dr, Troy, IL 62294
      View Details
    • $14 SF/Yr
      11,900 SF

      Troy Office Complex: 11,900 SF

      Three buildings, flexible suites, prime location.
      505 Buckeye Dr, Troy, IL 62294
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    • Contact for pricing
      4,800 SF

      Downtown Troy Warehouse Opportunity

      Prime Troy location, multiple spaces available
      101 Main St, Troy, IL 62294
      View Details
    • $14 SF/Yr
      1,540 SF

      Retail Space Available For Lease

      Retail space available in highly visible location.
      635-653 Edwardsville Rd, Troy, IL 62294
      View Details
    • $13 SF/Yr
      1,194 SF

      Retail Space in Troy Plaza

      Retail spaces available in well-located Troy Plaza Shopping Center.
      525-547 Troy Plz, Troy, IL 62294
      View Details
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    Hwy 162 / Edwardsville Rd
    Troy, IL 62294
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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