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Property profile & analytics
OFF-MARKET
Land

156 Park St Rte Waterloo, IL 62298

12.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12.38-acre parcel presents a rare opportunity for industrial development or investment in Waterloo, Illinois. Zoned I-1 Light Industrial, this property offers significant potential for a variety of uses. Strategically located along Park Street (Route 156) and Williamsburg Lane, it benefits from convenient access to major transportation arteries. The site is situated approximately 20 minutes from Interstate 255 and the Jefferson Barracks Bridge, ensuring seamless connectivity to regional and national markets. All utilities are available at or near the property, simplifying development plans and minimizing infrastructure costs. The asking price is $371,400, translating to a land value of $30,000 per acre. The property's APN is 07-26-400-010-000. The seller is open to considering the possibility of dividing the land to accommodate smaller-scale projects. This presents a unique opportunity for businesses seeking a well-located, readily-accessible industrial site in a growing area. The property is located in Monroe County, Illinois, with a zip code of 62298.

Property profile
Verified
Property type Land
Lot 12.38 ac (539,273 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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