Property summary
This exceptional 20-acre industrial site in Alton, Illinois, presents a compelling investment opportunity. Located in Madison County, with APN 23-1-08-18-00-000-019.003, the property is zoned for industrial use and offers significant advantages for businesses seeking a strategic location. The land is fully fenced and features a rocked lot, ensuring a prepared and secure site for immediate development. All essential utilities are readily available on-site, eliminating the complexities and costs associated with utility extensions. A key benefit is the property's adjacency to the Norfolk Southern rail line, providing convenient and efficient freight transportation options. Furthermore, the site enjoys a prime location near the Mississippi River, the Melvin Price Locks & Dam, and is just minutes away from the Clark Bridge, offering easy access to Missouri. The asking price is $700,000, translating to $35,000 per acre. Incentives are available, making this a particularly attractive proposition for prospective buyers. This property's combination of size, location, infrastructure, and potential incentives makes it an ideal choice for a variety of industrial uses. The address is Cut St, Alton, IL 62002.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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