Wls Byp Rd Mount Vernon, IL 62864
- Retail properties
- 115.29 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Wls Byp Rd
- Lot size
- 115.29 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional 115.29-acre property in Mount Vernon, Illinois presents a remarkable investment opportunity. Located in a thriving commercial area, this vacant land boasts a prime location at the intersection of I-57 and Veterans Memorial Parkway, offering exceptional visibility and accessibility. The property benefits from its position within an established Tax Increment Financing (TIF) District and Enterprise Zone, providing potential access to public incentives. Zoned as an Industrial Park Conservation Area - Planned Development Unit District, the land is suitable for a wide range of commercial and industrial developments, including hotels, warehouses, and mixed-use projects. The site features frontage on three streets: Wells Bypass, Veterans Memorial Parkway, and Davison Avenue, ensuring convenient access. All utilities are readily available. Nearby major retailers such as Walmart, Lowe's, Kohl's, and Menards further enhance the property's desirability and potential for success. The property is offered fee simple and is divisible. This strategic location offers proximity to a major interstate, a significant hospital complex, and a new high school, making it an ideal site for various commercial ventures. The property's size, location, and zoning regulations make it an attractive investment for developers seeking to capitalize on the growth and potential of Mount Vernon's commercial sector. The parcel includes APN numbers 06-35-300-002, 10-02-100-003, 06-34-400-004, and 10-02-100-002. This is a cash deal.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Jefferson
- State
- Illinois
- Longitude
- -88.9494
- Latitude
- 38.2975
