Property profile

5147 Pagano Ct Granite City, IL 62040

OFF-MARKET
Land
1.05 ac lot
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Property summary

AI-generated overview

This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in Granite City, Illinois. Located at the southeast quadrant of I-270 and Route 111, this B-2 zoned property (APN: 1 8-2- 1 4-3 5-0 0-0 0-0 0 5 5) offers unparalleled visibility and accessibility. The site is ideally suited for a variety of commercial uses, benefiting from its strategic location near established businesses such as Rosati's Pizza and a sports bar. A planned truck stop development on an adjacent property will further enhance the area's commercial activity and traffic flow. This single-tenant property boasts all utilities readily available, making it a turnkey solution for developers or businesses seeking a prime location. The property's proximity to major transportation arteries ensures excellent exposure to both local and interstate traffic, providing a significant advantage for businesses seeking to maximize their reach. Land lease or build-to-suit options are available, offering flexibility to meet diverse development needs. This is an exceptional opportunity to establish a thriving business in a high-traffic, high-visibility location.

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
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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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