6532 Il Rte Maryville, IL 62062
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.
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
Similar Nearby for Sale
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.