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    Property profile & analytics

    Hwy 162 / Edwardsville Rd Troy, IL 62294

    • Land
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hwy 162 / Edwardsville Rd

    Lot size
    0.68 lot acres
    Property type
    Land

    Description

    This exceptional two-story medical office building, totaling 29,668 square feet, presents a unique investment opportunity in Anaheim's North/East submarket. Situated on a 0.92-acre lot at the intersection of Ball Road and Knott Ave, this 1982-built property offers convenient access to major freeways (5, 91, 22, 405, and 605), placing it within easy reach of Cypress, Buena Park, Garden Grove, and Stanton. The building features 19 suites, with 8,567 square feet currently vacant, offering flexible space options ranging from 1,143 to 4,600 contiguous square feet. An elevator serves both floors, and ample on-site parking is complemented by street parking and a reciprocal agreement with the nearby Anaheim General Hospital. Recent upgrades include enhanced exterior lighting and security cameras in the covered parking area. The property's medical office zoning makes it ideal for a wide range of medical specialties, including but not limited to chiropractic, dental, dental labs, testing facilities, counseling centers, and various medical practices. This well-maintained building offers a strong foundation for growth and success in a thriving medical community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Madison
    State
    Illinois
    Longitude
    -89.8832
    Latitude
    38.7291

    Comparable in this City

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      1.56 Acres

      7358 Il-162

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      1.98 Acres

      Hwy 162 / Edwardsville Rd

      Land • 1.98 Acres
      0 Hwy 162 / Edwardsville Rd, Troy, IL 62294
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    • Value Estimation by Request
      2.10 Acres

      Rt 162 & Formosa Rd

      Land • 2.10 Acres
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      2.05 Acres

      Us Highway 40

      Land • 2.05 Acres
      0 Us Highway 40, Troy, IL 62294
      View Details

    Similar Nearby for Sale

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      2.10 Acres

      Prime Troy Industrial Land

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      Prime Commercial Land Opportunity

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    Similar Nearby for Lease

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      466,280 SF

      Plummer Business Park: Industrial Land

      21.5-acre industrial park; build-to-suit options.
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      Troy Shopping Center: Executive Suites

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      Downtown Troy Warehouse Opportunity

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    • $14 SF/Yr
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      Retail Space Available For Lease

      Retail space available in highly visible location.
      635-653 Edwardsville Rd, Troy, IL 62294
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    • $13 SF/Yr
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      Retail Space in Troy Plaza

      Retail spaces available in well-located Troy Plaza Shopping Center.
      525-547 Troy Plz, Troy, IL 62294
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    Hwy 162 / Edwardsville Rd
    Troy, IL 62294
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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