1238 Thouvenot Ln, O'Fallon, IL 62269
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.
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.