5147 Pagano Ct, Granite City, IL 62040
This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Pontoon Beach, Illinois. Located at the southeast quadrant of the highly trafficked intersection of Interstate 270 and Route 111, this B-2 zoned property offers unparalleled visibility and accessibility. The lot's strategic position benefits from existing businesses such as Rosati's Pizza and a sports bar, ensuring a vibrant commercial environment. Further enhancing its appeal, a truck stop is slated for development on an adjacent property in the near future, promising increased traffic and customer flow. This property is ideal for build-to-suit projects or land lease arrangements. All utilities are readily available, making development seamless and cost-effective. The location is perfectly suited for businesses targeting both local and interstate clientele, capitalizing on the high volume of traffic generated by the major roadways. The property's APN is 1 8-2- 1 4-3 5-0 0-0 0-0 5 5. The land value is $12 per square foot. This is a rare opportunity to acquire prime commercial real estate in a rapidly growing area. Don't miss out on this exceptional investment prospect.
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.