158 & I-64 State Rte Shiloh, IL 62269
This exceptional 2.85 to 6.68-acre parcel presents a unique investment opportunity in the rapidly growing St. Louis Metro East area. Located at the intersection of State Route 158 and I-64 in O'Fallon, Illinois (zip code 62269), this property boasts a highly desirable location with excellent access to major transportation arteries. Currently zoned for agricultural use, the land offers significant potential for development, particularly given its proposed designation as an industrial/business park. The asking price is $501,000, translating to an attractive price per acre of $1.72. The property's APN is 04-34.0-100-009, and its precise location is 38.57543756503061 latitude and -89.8743422904313 longitude. This versatile land offers a compelling opportunity for investors seeking to capitalize on the burgeoning commercial and industrial growth in St. Clair County. The size flexibility of 2.85 to 6.68 acres allows for adaptable development plans to suit various business needs. Don't miss this chance to secure a prime piece of real estate in a thriving market.
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
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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.