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Property profile

6532 Il Rte Maryville, IL 62062

OFF-MARKET
Land
2.24 ac lot
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Property summary

AI-generated overview

This exceptional 2.24-acre commercial development site presents a unique investment opportunity in Maryville, Illinois. Ideally situated at 6532 IL Route 162, this property boasts 235 feet of frontage along the heavily trafficked Route 162, offering excellent visibility and accessibility. The land is zoned B-1, allowing for a variety of commercial uses. Utilities are readily available, including water, gas, and electricity, with sewer anticipated to be in place. The property's strategic location provides convenient access to major transportation arteries, situated only 1.3 miles from I-270 and 2.5 miles from I-55/70, ensuring seamless connectivity for businesses and customers. Further enhancing its appeal, this site is located within a Tax Increment Financing (TIF) district, potentially offering significant financial advantages. The asking price is $599,000, translating to a land value of $6.14 per square foot. The property's APN is 13-1-21-02-03-301-010. This is a rare opportunity to acquire a well-positioned commercial parcel in a thriving area with excellent infrastructure and access to major highways. Don't miss this chance to build your business in a prime location.

Property profile

Verified
Property type Land
Lot 2.24 ac (97,574 SF)

Cap rate & NOI

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

Location

6532 Il Rte Maryville, IL 62062
Maryville metro
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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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