Highway 50 O'Fallon, IL 62269
- Land
- 59.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 50
- Lot size
- 59.50 lot acres
- Property type
- Land
Description
This exceptional 59.5-acre development site presents a compelling investment opportunity in O'Fallon, Illinois. Strategically located off Highway 50, this property boasts convenient access to Highway 158 and Interstate 64, ensuring seamless connectivity to major transportation arteries. The land is priced at $25,000 per acre, totaling $25,000 for the entire parcel. Its advantageous position is further enhanced by its proximity to both a proposed and an existing industrial park, promising significant future growth and development potential. The site itself is characterized by mostly level or gently sloping terrain, simplifying development planning and minimizing potential site preparation costs. Situated in St. Clair County, with a 62269 zip code, this property benefits from the strong demographics and growth trajectory of the O'Fallon area. This makes it an ideal location for a variety of industrial or commercial projects, capitalizing on the region's expanding economic landscape. The property's size and location make it a rare find for developers seeking a substantial land parcel in a thriving industrial corridor. Don't miss this chance to secure a prime piece of real estate in a rapidly developing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- O'Fallon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9066
- Latitude
- 38.59
