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    OFF-MARKET
    Land

    I-270 Rte, Granite City, IL 62040

    3.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.38-acre commercial land parcel presents a remarkable investment opportunity in Granite City, Illinois. Strategically located at the southeast quadrant of I-270 and IL Route 203, this property boasts unparalleled visibility and accessibility. The B-2 zoning permits a wide range of commercial uses, making it ideal for businesses seeking high traffic exposure. With I-270 bordering the property to the north, this site benefits from exceptional interstate visibility and convenient access. High daily traffic counts are a significant advantage: I-270 sees 56,900 vehicles per day, while Route 203 registers 13,200. The asking price is $225,000, translating to $66,568 per acre. All utilities are readily available at or near the property, simplifying development and reducing infrastructure costs. This location is particularly well-suited for businesses such as fast food restaurants, gas stations, or other enterprises that thrive on high visibility and convenient access from major roadways. The property's APN is 18-1-14-33-02-203-001. Don't miss this chance to acquire a highly desirable commercial site in a thriving location.

    Property profile
    Verified
    Property type Land
    Lot 3.38 ac (147,233 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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