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Property profile & analytics
OFF-MARKET
Land

0 Illini Dr Belleville, IL 62223

16.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.76-acre commercial land parcel presents a unique investment opportunity in Belleville, Illinois. Located in a Tax Increment Financing (TIF) District and Enterprise Zone, this property offers significant financial incentives for developers. The site boasts convenient access to major transportation arteries, including Interstate 255 (Exit 17), and is situated just nine miles from downtown St. Louis, providing easy access to a large and diverse market. Zoned C-1, this property is ready for immediate development, with all utilities already in place. The land is priced at $0.75 per square foot, totaling $547,549. The property's advantageous location next to the Belleville UPS Distribution Center further enhances its appeal and potential for significant return on investment. The parcel's size and strategic location make it ideal for a wide range of commercial developments, offering substantial potential for growth and profitability. The APN is 07-11.0-303-034. This is a rare opportunity to acquire a fully-serviced, prime commercial site in a thriving area with substantial economic development incentives. Don't miss out on this exceptional chance to build your next commercial venture. The address is Illini Drive, Belleville, IL 62223.

Property profile
Verified
Property type Land
Lot 16.76 ac (730,066 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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