0 Cor Of Il Rte 15 & Jefferson Rd Belleville, IL 62221
This exceptional offering presents two contiguous C-2 commercially zoned parcels totaling 2.84 acres, strategically located at the corner of IL Route 15 and Jefferson Road in Belleville, Illinois (zip code 62221). The property boasts high visibility and accessibility, with a combined 716 feet of frontage on IL Route 15, a major thoroughfare experiencing an impressive 13,800 average daily traffic (ADT). The parcels are individually sized at 2.15 acres and 0.69 acres and are available for sale together or separately, providing flexibility for various development scenarios. The land is priced at $299,900, translating to $2.42 per square foot. All essential utilities are conveniently located on-site, simplifying the development process. The property's APN numbers are 14060300045 and 14060400011. This prime location and versatile zoning make this an outstanding opportunity for commercial development in a thriving area of St. Clair County. The sale price per acre is $105,599.
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
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No recorded transactions found for this property.
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Risks
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