0 Frank Scott Pkwy Shiloh, IL 62269
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in the thriving Shiloh, Illinois market. Located at 0 Frank Scott Parkway, this property boasts approximately 650 feet of frontage and a depth ranging from 175 to 200 feet. Its strategic location offers unparalleled visibility and accessibility, situated at a traffic signal directly across from a 522-unit apartment complex. The site is conveniently positioned approximately one-third of a mile west of the intersection of Green Mount Road and Frank Scott Parkway, ensuring high traffic volume and excellent exposure for any commercial development. Furthermore, its proximity to major healthcare facilities adds significant value. The property is only two miles from Memorial Hospital and one mile from St. Elizabeth Hospital, making it an ideal location for businesses catering to the medical community or those seeking a location convenient to a large residential population. The asking price for this prime development site is $1,176,120. This property is zoned for commercial use and offers significant potential for a variety of commercial ventures. The land is located in St. Clair County, Illinois, with a zip code of 62269. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.
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
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