0 Ruby Ln Fairview Heights, IL 62208
This exceptional 7.4-acre commercial land parcel presents a prime development opportunity in Fairview Heights, Illinois. Located on North Ruby Lane, this property boasts a Planned Business (PB) zoning designation, making it ideal for a variety of commercial ventures. The site features a substantial 175-foot concrete drive, providing convenient access and ample space for maneuvering. Access to Marxer Place from Ruby Lane offers additional accessibility. All utilities are readily available at the site, simplifying development plans. Strategically positioned just one mile from the intersection of I-64 and IL Route 159 (Exit 12), this location offers unparalleled access to major transportation arteries, ensuring high visibility and convenient access for businesses and customers. The property's assessed parcel number (APN) is 03-28.0-106-009. The land is priced at $20,000 per acre, totaling $148,000 for the entire 7.4-acre tract. This represents a compelling investment opportunity in a thriving commercial area. The property is situated in St. Clair County, Illinois, with a zip code of 62208.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.