Current Use by Public Records
- Land
Property Details for 0 Ambassador Rd
- Lot size
- 77.60 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 77.6-acre parcel presents a unique mixed-use development opportunity in the thriving Mt. Vernon, IL market. Located in a Planned Development Unit within an Industrial Park Conservation Area, this fee-simple property boasts a prime location fronting both Wells Bypass and Ambassador Road. Its strategic position within an established Tax Increment Financing (TIF) District and Enterprise Zone offers significant financial incentives. The land is zoned to allow for commercial, industrial, and residential uses, making it ideal for a variety of projects. Nearby amenities include major retailers such as Walmart, Lowe's, Kohl's, Staples, and Menards, ensuring high visibility and convenient access for future tenants and residents. The property's proximity to SSM Health Good Samaritan Hospital and its location across from the new Mt. Vernon Township High School further enhance its appeal. Mt. Vernon's status as the fifth busiest freight intersection in the U.S. underscores its strategic importance for logistics and various industries. The site's land value is $0.74 per square foot, and there's potential for assemblage with adjacent properties. With over 100 million people residing within a 500-mile radius, this location offers access to a vast consumer base. The APN is 10-02-400-001. This is a rare opportunity to acquire a large, divisible tract in a high-growth area with significant development potential. The price is negotiable.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Jefferson
- State
- Illinois
- Longitude
- -88.9596
- Latitude
- 38.29
