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Property profile & analytics
OFF-MARKET
Land

0 Ruby Ln Fairview Heights, IL 62208

7.4 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.4 ac (322,344 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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