Technical
Financial
Distress signals
Property profile

0 Cor Of I-64 / Rt. 4 / Perrin Rd Mascoutah, IL 62258

OFF-MARKET
Land
14 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 37.2-acre commercial development site presents a unique investment opportunity in Mascoutah, Illinois. Strategically located at the northeast corner of I-64 and Route 4/Perrin Road, this property boasts unparalleled visibility and accessibility. Zoned GC-General Commercial, it's ready for immediate development. All utilities are on-site, simplifying the construction process and minimizing upfront costs. The property is situated within a newly established Tax Increment Financing (TIF) district, offering potential tax advantages for developers. Comprehensive due diligence has already been completed, including surveys, topography studies, and Phase I environmental assessments. This significantly reduces the time and expense typically associated with site preparation. The seller is willing to consider dividing the property to accommodate various development needs. With its prime location, desirable zoning, and completed preliminary work, this site is ideal for a wide range of commercial ventures. The land value is $1.85 per square foot. The APN is 10-06.0-400-022. This is a rare opportunity to acquire a fully prepared commercial site in a high-growth area. Don't miss out on this exceptional investment prospect.

Property profile

Verified
Property type Land
Lot 14 ac (609,840 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cor Of I-64 / Rt. 4 / Perrin Rd Mascoutah, IL 62258
Mascoutah metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Cor Of I-64 / Rt. 4 / Perrin Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message