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    OFF-MARKET
    Retail properties & Spaces

    0 Wls Byp Ln, Mount Vernon, IL 62864

    12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two divisible parcels totaling 25 acres (12 and 13 acres) in Mount Vernon, Illinois. Strategically located at the high-traffic interchange of I-57 and I-64 near Wells Bypass Lane, this commercially zoned land benefits from its position within a Tax Increment Financing (TIF) District and Enterprise Zone. The property enjoys exceptional visibility and accessibility, enhanced by recently installed traffic signals and new sidewalks. Adjacent to a new QuikTrip and Menards, and across the interstate from SSM Good Samaritan Hospital, this site offers unparalleled proximity to major retailers and healthcare facilities. Nearby amenities include Walmart, Lowe's, and Staples, ensuring high consumer traffic. All utilities are available, making this a turnkey opportunity for a variety of commercial developments, including hotels, retail outlets, or fast-food establishments. The property's location near Veterans Memorial Parkway and Wells Bypass provides significant advantages for businesses seeking high visibility and convenient access to major transportation arteries. The average daily traffic count exceeds 45,400 vehicles. The asking price is negotiable. This is a rare chance to acquire a substantial land holding in a rapidly growing area with strong infrastructure and established commercial presence. The fee simple ownership provides complete control and flexibility for future development plans. Don't miss this chance to capitalize on the significant potential of this prime commercial real estate.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 12 ac (522,720 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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