Property profile

5147 Pagano Ct Granite City, IL 62040

OFF-MARKET
Land
1.05 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.05 ac (45,738 SF)

Cap rate & NOI

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

Location

5147 Pagano Ct Granite City, IL 62040
Granite City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5147 Pagano Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message