0 Sheffield Dr Belleville, IL 62223
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.
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
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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.