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Property profile & analytics
OFF-MARKET
Land

589 Green Mount Rd Belleville, IL 62221

3.07 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.07-acre commercial development site in Belleville, Illinois, is priced at $922,731 ($6.90/sq ft). Located at 589 N Green Mt Rd (APN 08-12.0-401-027), this property boasts 233 feet of frontage on Green Mount Road, enjoying an average daily traffic count of 17,500 vehicles. The site is zoned Country Estates and benefits from its strategic corner location at the intersection of N. Green Mount Rd. and Lebanon Ave., a four-way light. All utilities are conveniently located on-site. This prime location offers easy access to major transportation arteries, including Interstate 64 (exit 16) less than two miles away. The property's proximity to Scott Air Force Base, Memorial Hospital, and St. Elizabeth's Hospital makes it highly attractive for various commercial ventures. An adjacent 3.48-acre parcel is available for purchase, expanding the total acreage to 6.55 acres and providing an additional 367 feet of frontage on N. Green Mount Rd. This presents a unique opportunity for significant commercial development in a high-demand area.

Property profile
Verified
Property type Land
Lot 3.07 ac (133,729 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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