0 Il Rte 159 & Biver Ln Belleville, IL 62221
This exceptional commercial land parcel, totaling between 1 and 9 acres, presents a remarkable investment opportunity in Belleville, Illinois. Strategically located on IL Route 159 (S. Illinois St.) and Biver Lane, the property boasts over 500 feet of frontage on a major thoroughfare, ensuring high visibility and accessibility. The site is zoned SR-3, offering flexibility for a variety of commercial developments. The land itself is flat and readily developable, making it ideal for immediate construction. Its advantageous location is further enhanced by its proximity to Route 15, less than a mile to the north, and the presence of a new single-family residential development to the east, as well as Westhaven School. The property's location provides excellent access to a growing residential population and offers significant potential for future growth. Most utilities are available, simplifying the development process. The APN numbers are 08-34.0-300-004
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
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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.