Property profile

0 Cut St Alton, IL 62002

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

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

Location

Cut St Alton, IL 62002
Alton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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