1602-92 Carlyle Ave Belleville, IL 62221
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.
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.
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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.