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Property profile & analytics
OFF-MARKET
Land

0 Shiloh Dr Mount Vernon, IL 62864

138.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 138.88-acre development site presents a unique investment opportunity in Mount Vernon, Illinois. Strategically located just west of the I-57/I-64 interchange at Exit 96, this property boasts unparalleled visibility from I-64, experiencing a high average daily traffic count of 26,500 vehicles. The site is zoned for agricultural use and situated within an Enterprise Zone, offering potential tax advantages. Utilities are readily available, including city water and sewer services from the City of Mount Vernon, Ameren Illinois gas, and Tri-County Cooperative electric service. A substantial 10-inch water service line is already in place. The property's proximity to major transportation arteries is a significant advantage, with I-57/I-64 just 2.7 miles away. While rail and barge access are not available, the site is conveniently located 8 miles from Mount Vernon Airport and approximately 80 miles from Lambert International Airport. The property's APN is 0622200001 & 0623100010. The asking price is $1,500,000, translating to $10,869 per acre. This expansive tract offers significant potential for a variety of commercial or agricultural developments, capitalizing on its prime location and robust infrastructure. The address is North Shiloh Dr, Mount Vernon, IL 62864.

Property profile
Verified
Property type Land
Lot 138.88 ac (6,049,613 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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