0 Mississippi Ave, Cahokia, IL 62206
This exceptional 6-acre commercial development site presents a unique investment opportunity in Cahokia, Illinois. Located on Mississippi Avenue (Route 3), this property boasts convenient access to major interstates I-64/40, I-55, and I-255, ensuring high visibility and easy transportation. The site is zoned B-2, offering flexibility for a variety of commercial uses. All utilities are available at or adjacent to the property, simplifying development plans. With an asking price of $167,130, this translates to $27,000 per acre (subject to survey). The property's location on a major thoroughfare with an average daily traffic count of 20,100 vehicles makes it ideal for businesses requiring high visibility and accessibility. The parcel's size and strategic location make it particularly well-suited for storage unit development, though other commercial ventures are also feasible. The APN is 01-35.0-102-003. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area. Don't miss out on this chance to build your business in a prime location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.