0 Central Park Dr O'Fallon, IL 62269

Central Park Plaza presents a unique mixed-use development opportunity in O'Fallon, Illinois. This prime location boasts exceptional interstate visibility, with signage opportunities available between Exits 14 and 16 of I-64 (Hwy 50 and Green Mount Road). The property benefits from its position within a strong retail corridor of a high-growth area, offering significant potential for commercial success. Several lot sizes are available, ranging from 0.77 acres to 4.47 acres, with specific lot sizes including 1.84 acres (Lot 29A), 0.77 acres (Lot 10C), 1.67 acres (Lot 9B), and 1.54 acres (Lot 16). The land is conveniently situated just 15 miles from downtown St. Louis, providing easy access to a larger metropolitan area. Further enhancing its appeal, the site is located within a Tax Increment Financing (TIF) District, approved May 7, 2012, with 23 years remaining. This TIF district offers potential tax advantages for developers. The land value is priced between $5.50 and $6.50 per square foot. This presents a compelling investment opportunity for developers seeking a high-visibility location in a thriving market. Easy access is provided via I-64, Hwy 50, and Green Mount Road.