Wells Byp Mount Vernon, IL 62864
- Retail properties
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Wells Byp
- Lot size
- 1.00 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity encompasses two adjacent parcels totaling approximately 12 and 13 acres, both divisible, situated in Mount Vernon, Illinois. Located at the intersection of Wells Bypass and Veterans Memorial Parkway, this property boasts unparalleled visibility and accessibility, with direct access to I-57 and I-64. The site benefits from its location within an established Tax Increment Financing (TIF) District and Enterprise Zone, offering potential public incentives. Zoned for commercial use, this land is perfectly suited for retail, hospitality, or convenience store development. Surrounding the property are numerous established businesses, including Walmart, Kohl's, Menards, Lowe's, Staples, and SSM Good Samaritan Hospital, ensuring high traffic and strong consumer demographics. The City of Mount Vernon has recently added a new traffic signal and sidewalk at the intersection, further enhancing the property's value. Utilities are readily available. This location is strategically positioned near a major freight hub and serves a population exceeding 100 million within a 500-mile radius. The property's proximity to a new high school and the hospital complex adds to its long-term appeal. This is a rare chance to acquire prime commercial land in a thriving area with significant growth potential. The APN is 10-02-200-011. The property is offered fee simple and is vacant.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Jefferson
- State
- Illinois
- Longitude
- -88.9515
- Latitude
- 38.3067
