Property profile

0 Mississippi Ave Cahokia, IL 62206

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mississippi Ave Cahokia, IL 62206
Cahokia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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