0 Wl Byp Rd Mount Vernon, IL 62864
This exceptional 10,564 square foot commercial land parcel is ideally situated in Mount Vernon, Illinois, offering unparalleled access to major transportation arteries. Specifically located on N Wells Bypass Road, this property boasts a prime location near the intersection of Interstates 57 and 64, providing convenient access to regional and national transportation networks. The property is zoned for Industrial Park Conservation Planned Unit Development, presenting a multitude of development opportunities for businesses seeking a strategic location. The asking price is $105,000, translating to a land value of $9.94 per square foot. The parcel's size of 0.23 acres provides ample space for various commercial ventures. Its proximity to key amenities such as shopping centers, restaurants, and medical facilities adds significant value and convenience. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Mount Vernon market. The Jefferson County Assessor's Parcel Number (APN) is 06-35-300-004. This is a rare opportunity to acquire a well-located commercial land parcel in a thriving area. Don't miss out on this chance to secure a strategic asset for your business or investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.