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Property profile & analytics
OFF-MARKET
Land

9401 Il-15 Belleville, IL 62223

Property ID
Property summary
AI-generated overview

This exceptional 22.99-acre industrial-zoned land parcel presents a compelling investment opportunity in Belleville, Illinois. Located at 9401 Route 15, this strategically positioned site offers unparalleled access to major transportation arteries. It's just two miles from Interstate 255, ensuring seamless connectivity for logistics and distribution operations. The property is priced at $300,000, translating to $13,049 per acre, reflecting its high value and potential. All utilities are conveniently located at the site, minimizing development costs and expediting project timelines. The site's industrial zoning allows for a wide range of development possibilities, catering to diverse business needs. Furthermore, the seller is offering attractive incentives to prospective buyers, making this an even more attractive proposition. The property is readily divisible, offering flexibility to accommodate various project scales and requirements. This prime location, coupled with the available incentives and the property's inherent advantages, makes this a truly exceptional opportunity for industrial development in a thriving market. The property's address is 9401 IL-15, Belleville, IL 62223. This is a rare chance to acquire a significant industrial land parcel in a highly desirable location.

Property profile
Verified
Property type Land
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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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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