156 Park St Rte Waterloo, IL 62298
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.