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Property profile

0 Frank Scott Pkwy Belleville, IL 62226

OFF-MARKET
Land
2.47 ac lot
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Property summary

AI-generated overview

This exceptional 2.47-acre commercial land parcel presents a remarkable investment opportunity in the thriving Swansea, Illinois market. Located at the highly visible intersection of Frank Scott Parkway and Old Collinsville Road, this property boasts a strategic location with excellent visibility and accessibility. The site is zoned Planned Business (Zone D), offering a wide range of development possibilities. With a significant 575 feet of frontage along Frank Scott Parkway, this property benefits from high traffic counts, estimated at 18,400 average daily traffic. A signalized light and curb cut provide convenient ingress and egress. All utilities are conveniently located on-site, simplifying development and reducing infrastructure costs. The asking price is $699,000, translating to $282,996 per acre, reflecting the property's prime location and development potential. The property's APN is 0 8-0 3 . 0-2 0 0-3 5. This is an ideal location for a variety of commercial ventures, offering significant potential for return on investment. Don't miss this chance to acquire a premier commercial site in a rapidly growing area. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Land
Lot 2.47 ac (107,593 SF)

Cap rate & NOI

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

Location

Frank Scott Pkwy Belleville, IL 62226
Belleville metro
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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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