Technical
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Property profile

300 Harmony Dr Edwardsville, IL 62025

OFF-MARKET
Land
1.6 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire 38.7 acres of commercial land in Edwardsville, Illinois. This strategically located property boasts 2,000 feet of frontage on Route 157, offering unparalleled visibility and accessibility. Situated near the I-270/IL-157 interchange (Exit 9) and just two miles from Interstate 255 and Southern Illinois University, this site enjoys exceptional connectivity. The property is adjacent to a hotel and conference center, and the Silver Oaks Apartment Complex, ensuring high traffic and visibility. All utilities are readily available. The land is divisible, allowing for flexible development options and negotiable pricing on parcel divisions. Further enhancing its value, the property generates consistent income streams: a cell tower lease providing $11,000 annually through 2039, and a billboard lease generating $1,000 annually through 2025. The property is zoned B2 - Basic Commercial, and the APN numbers are 14-1-15-29-00-000-020-.002, 14-1-15-29-00-000-020.001, 14-1-15-29-00-000-018.005, and 14-1-15-29-00-000-018. The asking price is $2,515,000, or approximately $65,000 per acre. This presents a rare chance to invest in a high-growth area with significant income potential. Don't miss this chance to secure a prime piece of Edwardsville real estate.

Property profile

Verified
Property type Land
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

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

Location

300 Harmony Dr Edwardsville, IL 62025
Edwardsville 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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