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    560 Lewis & Clark Blvd East Alton, IL 62024

    • Land
    • 2.68 lot acres
    For Sale
    View listing
    $175,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 560 Lewis & Clark Blvd

    Lot size
    2.68 lot acres
    Property type
    Land

    Description

    This exceptional 2.68-acre commercial land parcel, located at 560 Lewis & Clark Blvd in East Alton, Illinois (zip code 62024), presents a remarkable investment opportunity. Situated directly across from the Eastgate Shopping Center on Route 3, this property boasts unparalleled visibility and accessibility, benefiting from an average daily traffic count of approximately 23,000 vehicles. The land is comprised of two parcels, identified by APN numbers 1-2-08-17-20-401-007 and 19-2-08-16-17-301-004, and is zoned B2 - General Business, allowing for a wide range of potential uses. Ideal for businesses seeking high visibility and convenient access, suitable uses include, but are not limited to, auto sales, repair, and service centers; retail establishments; warehouse, wholesale, and distribution facilities; recreational facilities; professional office spaces; construction and equipment storage; and many other commercial ventures. The asking price for this strategically located property is $175,000. Don't miss this chance to acquire a prime commercial site in a thriving area with significant development potential. Contact us today to learn more and schedule a showing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    East Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.1162
    Latitude
    38.8805

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    East Alton, IL 62024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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