0 State Route 159 Glen Carbon, IL 62034
This exceptional 1.21-acre commercial land parcel presents a prime investment opportunity in Glen Carbon, Illinois. Strategically located on the northeast corner of State Route 159 and I-270, this property boasts unparalleled visibility and accessibility. With a permitted commercial zoning designation, the possibilities are vast, catering to a wide range of commercial ventures. The site benefits from exceptional daily traffic volume, with an estimated 22,000 vehicles traversing State Route 159 daily, ensuring high exposure for any business established here. The address is XXXX South State Route 159, Glen Carbon, IL 62034, situated in Madison County. This location offers easy access to major transportation arteries, connecting businesses to a wider market reach. The asking price for this remarkable property is $550,000. Don't miss this chance to secure a highly visible and strategically positioned commercial lot in a thriving Illinois community. The property's size and location make it ideal for a variety of commercial uses, promising significant return on investment. Act quickly to capitalize on this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.