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Property profile

6537-6541 Il Rte Maryville, IL 62062

OFF-MARKET
Land
2.85 ac lot
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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

Location

6537-6541 Il Rte Maryville, IL 62062
Maryville metro
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Value estimations

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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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