5500 Blf Vw Commerce Park Dr Glen Carbon, IL 62034
This exceptional 38.07-acre commercial land parcel is strategically located in Glen Carbon, Illinois, within the Ameren Office Development. Boasting 2,000 feet of frontage on Route 157, this property offers unparalleled visibility and accessibility. Its proximity to the I-270/IL-157 interchange (Exit 9) provides convenient access to major transportation arteries, placing it within two miles of both Interstate 255 and Southern Illinois University. The site is zoned for General Commercial use and includes all utilities. The asking price is $6,091,200, translating to $160,000 per acre. This presents a unique opportunity for developers seeking a substantial land holding in a high-growth area. The property's size allows for division, catering to various development needs. Parcel numbers are 14-2-15-32-00-000-43, 14-2-15-32-00-000-044, and 14-2-15-32-00-000-45. Located in Madison County, with a 62034 zip code, this property is ideally situated for a wide range of commercial ventures. The site's location near established businesses and educational institutions makes it an attractive investment opportunity.
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.
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.