0 Rt. 157 Glen Carbon, IL 62034
This exceptional 30.52-acre commercial land parcel presents a remarkable investment opportunity in Glen Carbon, Illinois. Strategically located at the southeast corner of the I-270 and Illinois Route 157 interchange (Exit 9), this property boasts unparalleled visibility and accessibility. Zoned for general commercial use, it offers significant potential for a variety of developments. All essential utilities are available on-site. The property's adjacency to the Hampton Inn & Suites and its proximity (2 miles south) to Southern Illinois University Edwardsville (SIUE) further enhance its desirability. A conceptual development plan, "Sunset Terrace," illustrates potential road layouts and lot configurations, suggesting suitability for mixed-use commercial and residential projects. The two parcels included are 14-1-15-32-00-000-007.001 (20 acres) and 14-1-15-33-00-000-013 (10.52 acres). The asking price is $1,750,000, translating to $57,339 per acre. This prime location, coupled with its size and zoning, makes this an ideal investment for developers seeking high-impact commercial projects in a thriving community. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.
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
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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.