914 St. Thomas Rd, Granite City, IL 62040
This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Granite City, Illinois. Located at 914 St. Thomas Road, this single-tenant property offers significant potential for various commercial uses. The lot boasts a substantial size of 10 acres, providing ample space for development or expansion. Currently improved with a rocked and fenced perimeter, the property is ready for immediate use. Its strategic location offers excellent accessibility, situated directly on Illinois Highway 3, just two minutes south of Interstate 270, and a convenient eight-minute drive from St. Louis via the McKinley Bridge. The property's size and location make it particularly well-suited for outside materials storage or truck trailer parking. This prime commercial land offers a rare combination of size, location, and existing improvements, making it an attractive proposition for discerning investors seeking a versatile and strategically positioned asset in a thriving area. The property is zoned for commercial use within Madison County, Illinois, and has a 62040 zip code. The site's coordinates are 38.7529548 latitude and -90.1243984 longitude. This is a turnkey opportunity for immediate occupancy and development.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.