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Property profile & analytics
OFF-MARKET
Land

1602-92 Carlyle Ave Belleville, IL 62221

0.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land opportunity in Belleville, Illinois, presents a unique investment prospect. Located at 1602-92 Carlyle Ave (IL Route 161) near North Green Mount Rd, the property boasts lot sizes ranging from 0.8 to 1.63 acres, priced competitively at $12.75 to $14.50 per acre. Its strategic location offers unparalleled access to significant traffic generators, including the Green Mount Commons Shopping Center (anchored by Walmart and Lowe's) just a quarter-mile away. The property's proximity to Southwestern Illinois College (8,841 students) and Belleville East High School (2,472 students), both within half a mile, ensures a consistent flow of potential customers. The site benefits from a strong co-tenancy mix, including established businesses such as Lee's Famous Recipe Chicken, Papa John's Pizza, The Tan Company, State Farm, The Stash, Copy N Ship, and Hi Tokyo Restaurant. This prime location and established commercial presence make this land ideal for a variety of development projects, offering substantial potential for return on investment. The property is situated in St. Clair County, Illinois, with a zip code of 62221. The precise coordinates are 38.518939 latitude and -89.936215 longitude. This is a rare opportunity to acquire commercial land in a thriving area with high visibility and strong demographics.

Property profile
Verified
Property type Land
Lot 0.8 ac (34,848 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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