Technical
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Property profile

560 Lewis & Clark Blvd East Alton, IL 62024

OFF-MARKET
Land
2.68 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.68 ac (116,741 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

560 Lewis & Clark Blvd East Alton, IL 62024
East Alton metro
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Value estimations

Realmo proprietary · 4 methods
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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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