1318 Thouvenot Ln O'Fallon, IL 62269
- Land
- 2.93 lot acres
Current Use by Public Records
- Land
Property Details for 1318 Thouvenot Ln
- Lot size
- 2.93 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 2.93+/- acre development site presents a unique investment opportunity in O'Fallon, Illinois. Strategically located at 1318 Thouvenot Lane (Frank Scott Parkway), this property boasts 304 feet of frontage, ensuring high visibility and accessibility. The site benefits from its proximity to the intersection of Thouvenot Lane and Hartman Lane, experiencing combined daily traffic exceeding 33,000 vehicles. Currently zoned agricultural, this parcel offers significant potential for various commercial developments. All utilities are readily available at or near the site. The property is directly adjacent to the Thirteen01 Hartman Lakes multi-family development, featuring over 200 units with plans for an additional 120 villas and more apartments, creating a thriving and expanding neighborhood. This prime location, coupled with the high traffic count and existing infrastructure, makes this an ideal site for a variety of commercial ventures. The property's APN is 03-35.0-400-019. The asking price is $799,000, translating to approximately $272,696 per acre. Additional acreage is also available for purchase.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- O'Fallon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9492
- Latitude
- 38.5713
