1211 Frank Scott Pkwy Belleville, IL 62226
- Land
- 11.43 lot acres
Current Use by Public Records
- Land
Property Details for 1211 Frank Scott Pkwy
- Lot size
- 11.43 lot acres
- Property type
- Land
Description
This exceptional 11.43-acre commercial property, located at 1211 Frank Scott Parkway in Belleville, Illinois (zip code 62226), presents a unique development opportunity. The site boasts 720 feet of frontage on Frank Scott Parkway, a road with an average daily traffic count of 15,600 vehicles. Zoned for Commercial and Agricultural use (6.89 acres are zoned Agricultural), this land is ideally suited for multi-family development. All utilities are conveniently located on-site, simplifying infrastructure needs. The property is situated within both an Enterprise Zone and a Tax Increment Financing (TIF) district. While the TIF district's current designation expires in 2024, there's potential for extension. Its strategic location offers proximity to Memorial Hospital and the Metro Link, enhancing its appeal and accessibility. The asking price is $944,000, translating to $82,590 per acre and $1.90 per square foot. The property's APN is 08-05.0-301-002, 08-05.0-301-012. The seller is willing to divide the property. This prime location and flexible zoning make this an attractive investment for developers seeking a high-traffic, well-connected site with significant potential.
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
- Belleville
- County
- St. Clair
- State
- Illinois
- Longitude
- -90.0093
- Latitude
- 38.5375
