Current Use by Public Records
- Land
Property Details for 7500 Magna Dr
- Lot size
- 1.14 lot acres
- Property type
- Land
Description
This exceptional offering presents two contiguous commercial lots totaling 2.35 acres, conveniently located at 7500 Magna Drive in Belleville, Illinois, zip code 62223. The property is comprised of two parcels: one measuring 1.14 acres and the other 1.20 acres. Both lots are zoned C-1, providing flexibility for a variety of commercial uses. The land is level and boasts readily available utilities. This strategic location benefits from its placement within both a Tax Increment Financing (TIF) District and an Enterprise Zone, offering potential economic incentives for development. The site enjoys excellent accessibility, situated a quarter-mile from Illinois Route 15, four miles from Interstate 255, and a convenient ten-mile commute to downtown St. Louis, Missouri. Furthermore, its proximity to The Center for Academic & Vocational Excellence (CAVE) adds to its appeal. The land is priced at $3 per square foot. The APN is 07-11.0-407-013/014. This presents a rare opportunity to acquire prime commercial land in a thriving area with significant development potential. Don't miss this chance to secure a valuable asset in a high-growth location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- St Clair
- State
- Illinois
- Longitude
- -90.0542
- Latitude
- 38.5439
