Property profile

1124 Comwest Pkwy Belleville, IL 62220

OFF-MARKET
Land
10.69 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a rare opportunity to acquire two contiguous parcels totaling between 24.29 and 24.29 acres, ideally situated in Belleville, Illinois. The property boasts a highly desirable C-2 Heavy Commercial zoning designation, opening doors to a wide range of development possibilities. The two tracts, measuring 10.69 acres and 13.60 acres respectively, provide flexibility for various projects. Both parcels benefit from excellent visibility along Route 15, ensuring high traffic exposure for any future development. All necessary utilities are readily available on-site, simplifying the development process. The strategic location offers unparalleled convenience, with easy access to Interstate 255 (within 4 miles) and Downtown St. Louis (less than 10 miles). The property's APN numbers are 07-13.0-101-056 and 07-13.0-108-007. This prime location, combined with the substantial acreage and convenient access to major transportation arteries, makes this an exceptional investment opportunity for developers seeking a high-impact commercial project in a thriving market. The asking price for this combined land offering is $1,762,000. The address is 1124 Comwest Pkwy, Belleville, IL 62220.

Property profile

Verified
Property type Land
Lot 10.69 ac (465,656 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1124 Comwest Pkwy Belleville, IL 62220
Belleville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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