Property summary
This exceptional 2.91-acre commercial land parcel presents a remarkable opportunity for development in Mascoutah, Illinois. Zoned for commercial use, this property boasts 510 feet of frontage on State Route 4, ensuring high visibility and accessibility. The asking price is $316,900, translating to $108,900 per acre. The property's APN is 10-29.0-312-039. Its strategic location offers significant advantages, situated near established businesses such as Dollar General, Farmers & Merchants Bank, O'Reilly Auto Parts, and Brightly Senior Living. This prime location also benefits from its proximity to key transportation arteries, including Mid-America Airport, Scott Air Force Base, and Interstate 64, all within five miles. The seller is willing to divide the parcel, providing flexibility for various development scenarios. This makes it ideal for a range of commercial ventures, from office spaces to retail establishments. The property's high traffic count and established commercial surroundings make it an attractive investment with strong potential for return. This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving area. Don't miss out on this chance to build your business in a prime location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.