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Property profile & analytics
OFF-MARKET
Land

0 Rt. 157 Glen Carbon, IL 62034

30.52 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 30.52 ac (1,329,451 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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