Property profile

0 Hagemann Rd Lebanon, IL 62254

OFF-MARKET
Land
31.47 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 31.47-acre parcel, located on Hagemann Road in Lebanon, Illinois (zip code 62254), presents a unique investment opportunity. The property is ideally suited for residential subdivision development, boasting an excellent location within the highly sought-after O'Fallon school district. Convenient access to city sewer and water services is readily available, simplifying infrastructure development. Currently zoned A - Agriculture in St. Clair County, this land offers significant potential. Importantly, an adjacent parcel is zoned SR3 - Single Family Residential, suggesting a strong likelihood of zoning approvals for a residential project. The property's strategic location, just 3 miles north of Scott Air Force Base, adds to its appeal, providing proximity to a large and stable population base. The land's size and zoning make it an attractive proposition for developers seeking to capitalize on the growing demand for housing in this area. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development potential of this significant land holding. This is a rare opportunity to acquire a substantial tract of land with excellent development potential in a desirable location.

Property profile

Verified
Property type Land
Lot 31.47 ac (1,370,833 SF)

Cap rate & NOI

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

Location

Hagemann Rd Lebanon, IL 62254
Lebanon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Hagemann Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message