Property summary
This exceptional 35.8-acre commercial land parcel is strategically located in Roxana, Illinois, at the intersection of Madison Avenue and Hedge Road (APN: 18-1-14-01-00-000-007 / 18-1-14-01-00-000-007.001), offering significant development potential. The property is zoned for agricultural use, presenting a unique opportunity for various commercial ventures. The asking price is $1,432,000, translating to a competitive $40,000 per acre. Existing utilities include water, electricity, and natural gas; however, sewer extension will be required. The property's location near Route 255 provides convenient access and high visibility. Furthermore, there's a possibility of extending the enterprise zone to encompass this land, subject to city approval. Interested parties should contact the city of Roxana to discuss enterprise zone extension eligibility. This expansive tract presents a rare chance to acquire a substantial land holding in a desirable location with potential for significant return on investment. The property's size and location make it ideal for a variety of commercial uses, pending necessary approvals and permits.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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