300 Harmony Dr, Edwardsville, IL 62025
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.