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Property profile & analytics
OFF-MARKET
Land

1062 Green Mount Rd Belleville, IL 62221

2.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.88-acre commercial land parcel, located at 1062 North Green Mount Road in Belleville, Illinois (APN 09-06.0-100-103), presents a prime opportunity for retail development. Zoned Planned Business, this site boasts 188 feet of frontage and is strategically positioned within the newly expanded Dierberg's land acquisition area, benefiting from high traffic volume (18,300 ADT). Its proximity to established retailers like Target and the Shiloh Retail District ensures strong visibility and customer draw. A Phase 1 environmental report is readily available for review. The property's convenient location offers easy access to major transportation arteries, including Interstate 64 (Exit 16, less than one mile away), and is minutes from Memorial and St. Elizabeth's Hospitals. The asking price is $1,100,000, translating to $381,944 per acre. This represents a compelling investment opportunity in a thriving retail corridor. The minimum divisible acreage is 2.88 acres.

Property profile
Verified
Property type Land
Lot 2.88 ac (125,453 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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