0 Us Highway 40, Troy, IL 62294
This exceptional 2.05-acre commercial land parcel presents a remarkable development opportunity in Troy, Illinois. Strategically located on East US Highway 40, this property boasts a highly desirable C-3 Highway Commercial zoning designation, allowing for a wide range of commercial uses. The site's convenient location offers excellent visibility and accessibility, situated near Triad High School and just two miles from the crucial I-55/70 interchange (Exit 17). Priced at $267,900, or $3 per square foot, this represents a compelling investment opportunity. The land's total area is 2.05 acres, providing ample space for various development projects. The property's APN is 09-1-22-09-20-402-007.001. Its proximity to major transportation arteries ensures easy access for customers and employees, making it an ideal location for businesses seeking high visibility and convenient access. This prime commercial land offers significant potential for growth and return on investment. Don't miss this chance to secure a valuable asset in a thriving area. The property is located in Madison County, Illinois, with a zip code of 62294. The latitude and longitude coordinates are 38.7177781 and -89.8746839 respectively. While the listing mentions a smaller, adjacent 1.35-acre parcel, this listing focuses solely on the 2.05-acre site.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.