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Property profile & analytics
OFF-MARKET
Land

0 Sheffield Dr Belleville, IL 62223

10.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.96-acre commercial land parcel presents a remarkable development opportunity in Belleville, Illinois. Strategically located off Old St. Louis Road and Illinois Route 15, this property boasts 625 feet of frontage along a high-traffic thoroughfare with an average daily traffic count of 17,600 vehicles. The site is conveniently situated within a Tax Increment Financing (TIF) District and an Enterprise Zone, offering potential economic incentives for qualified projects. The property is zoned C-1, allowing for a wide range of commercial uses. All utilities are readily available on-site, ensuring seamless development. The asking price is $1,047,190, translating to a land value of $2.25 per square foot. The property's APN is 07-11.0-407-012. This location in St. Clair County, with its address on Sheffield Drive and zip code 62223, provides excellent access to major transportation routes and a thriving local market. The site's size and strategic location make it ideal for a variety of commercial developments, promising significant return on investment. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 10.96 ac (477,418 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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