1038 Hartman Ln O'Fallon, IL 62269
- Commercial real estate
- 3.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1038 Hartman Ln
- Lot size
- 3.11 lot acres
- Property type
- Commercial real estate
- APN
- 03-36.0-300-010
Description
This exceptional 3.11-acre parcel presents a unique investment opportunity in a rapidly developing area of O'Fallon, Illinois. Located at 1038 Hartman Lane, Belleville, this property boasts 150 feet of frontage on Hartman Lane, offering excellent visibility and accessibility. The site benefits from its strategic location at the corner of Hartman Lane and Three Rivers Drive, just one block north of the heavily trafficked intersection of Frank Scott Parkway and Hartman Lane. This high-traffic area boasts an impressive 33,000 average daily traffic count, ensuring significant exposure for any commercial venture. Utilities are available on or adjacent to the site, simplifying development plans. The property is surrounded by new commercial and residential developments, indicating a thriving and expanding community. Furthermore, its proximity to Interstate 64 (Exit 16), just 1.6 miles away, provides easy access to major transportation routes. The property is zoned for agricultural use, offering flexibility for various commercial development possibilities. The asking price is $685,000, translating to approximately $220,257 per acre. The APN is 03-36.0-300-010. This prime location and its potential for significant return on investment make this an exceptional opportunity for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- O'Fallon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9464853
- Latitude
- 38.5719176
