2439 Old Country Inn Dr Caseyville, IL 62232
This exceptional 2.96-acre commercial land parcel presents a unique investment opportunity in Caseyville, Illinois. Boasting unparalleled visibility from Interstate 64, the property offers approximately 600 feet of frontage, exposing your business to an impressive average daily traffic count of 93,239 vehicles. Its strategic location provides convenient access to Downtown St. Louis, situated approximately 10 minutes away. The property's B2 Highway Business District zoning allows for a wide range of development possibilities, including but not limited to quick-service restaurants (QSRs), full-service restaurants, hotels, retail establishments, and convenience stores. This highly desirable location is further enhanced by its inclusion within a Tax Increment Financing (TIF) District, potentially offering significant financial incentives for development. The asking price for this exceptional property is $315,000. Detailed zoning information and TIF district specifics are available upon request. Don't miss this chance to secure a prime commercial development site with exceptional visibility and access. Act now to capitalize on this lucrative opportunity.
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
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.