Technical
Financial
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Property profile

0 Smelting Works Rd Belleville, IL 62226

OFF-MARKET
Land
35 ac lot
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Property summary

AI-generated overview

This exceptional 35-acre parcel presents a rare development opportunity in Swansea, Illinois. Located in St. Clair County, this property boasts level terrain, partially wooded, and offers convenient access to major roadways. Currently utilized for agricultural purposes, it's zoned for single-family residential development, providing significant flexibility for various projects. All utilities are readily available at the site. The property's strategic location offers easy access to Highway 64 (9 minutes) and Highway 15 (10 minutes), ensuring excellent connectivity to the wider Metro East area. Adding to its appeal, the owner is willing to consider dividing the land, making it suitable for both large-scale and smaller-scale developments. This is one of the last remaining undeveloped tracts in the immediate area, representing a unique chance to acquire a substantial piece of prime real estate. The property features an entrance off Olroyd Drive and is situated at Smelting Works Rd, Swansea, IL 62226. The asking price is $1,190,000. Detailed plat maps are available upon request.

Property profile

Verified
Property type Land
Lot 35 ac (1,524,600 SF)

Cap rate & NOI

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

Location

Smelting Works Rd Belleville, IL 62226
Belleville metro
Google Maps

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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