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    OFF-MARKET
    Land

    0 Us Highway 40, Troy, IL 62294

    2.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 2.05 ac (89,298 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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