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    OFF-MARKET
    Land

    1238 Thouvenot Ln, O'Fallon, IL 62269

    0.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 0.69-acre commercial land parcel presents a prime development opportunity in O'Fallon, Illinois. Located at 1238 Thouvenot Lane (Frank Scott Pkwy), this B-3 Highway Business zoned property boasts exceptional visibility and accessibility. Situated approximately 200 feet from the intersection of Hartman Lane and Frank Scott Parkway, the site benefits from high traffic counts of 17,800 ADT on Frank Scott Pkwy. All utilities are available at or adjacent to the property, simplifying development plans. The location offers significant advantages, being only 1.5 miles from Interstate 64, ensuring convenient access for customers and employees. Furthermore, the property's strategic placement across from a new multi-family development featuring over 200 units (with a planned second phase of 120 villas) and other retail and office properties, creates a thriving commercial environment. The APN is 03-36.0-300-037. This property is in St. Clair County, Illinois, and has a Belleville mailing address with a 62269 zip code. This site is ready for your vision.

    Property profile
    Verified
    Property type Land
    Lot 0.69 ac (30,056 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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