Property profile

0 Wls Byp Ln Mount Vernon, IL 62864

OFF-MARKET
Retail properties & Spaces
12 ac lot
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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

Location

Wls Byp Ln Mount Vernon, IL 62864
Mount Vernon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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