Property profile

1 Patriot Ave Metropolis, IL 62960

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the thriving Patriot Place Subdivision in Metropolis, Illinois. Located at 1 Patriot Avenue, zip code 62960 (Massac County), this expansive parcel comprises approximately eighty remaining lots, available for purchase individually or as a complete package. Each lot presents significant potential for various commercial developments, catering to a wide range of business ventures. The asking price for this particular parcel is $10,000. Note that the lots within the subdivision range in price from $7,500 to $12,500. This prime location offers easy access to key transportation routes and amenities, making it an ideal choice for businesses seeking high visibility and convenient access. The property is unimproved land, with no existing buildings. Prospective buyers should be aware that the Patriot Place Subdivision is subject to specific restrictions, details of which are available upon request. This is a rare chance to acquire a substantial land holding in a rapidly developing area, presenting a compelling opportunity for significant return on investment. The coordinates for the property are 37.1748165 latitude and -88.7378017 longitude. Serious inquiries are encouraged.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Patriot Ave Metropolis, IL 62960
Metropolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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