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Property profile & analytics
OFF-MARKET
Land

6537-6541 Il Rte Maryville, IL 62062

2.85 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.85-acre commercial development site in Maryville, Illinois, presents a prime opportunity for investors and developers. Located at 6537-6541 IL Route 162, this property boasts 220 feet of frontage on IL Route 162, offering significant visibility and accessibility. The site benefits from its strategic location near the intersection of IL Route 162 and IL Route 159, experiencing a combined average daily traffic count of 27,000 vehicles. Further enhancing its appeal, this property is situated within a Tax Increment Financing (TIF) district, potentially offering attractive financial incentives. The site is zoned B-1, allowing for a variety of commercial uses. The land is divided into two parcels: one 2.28-acre parcel priced at $500,000 ($5.03/sq ft) and a 0.57-acre parcel priced at $175,000 ($7.07/sq ft). The property's proximity to a newly developed Circle K further underscores its desirability and potential for strong returns. This is an exceptional opportunity to acquire a high-visibility commercial development site in a thriving location. The property's location, zoning, and traffic counts make it ideal for a wide range of commercial ventures. The Assessor's Parcel Number (APN) is 13-2-21-02-01-102-023. The zip code is 62062.

Property profile
Verified
Property type Land
Lot 2.85 ac (124,146 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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