0 Main St Shiloh, IL 62269
This exceptional 76.8-acre commercial land parcel presents a unique investment opportunity in Shiloh, Illinois. Zoned for agricultural use, this property boasts significant development potential, ideally suited for office or retail projects. The land offers 1,468 feet of frontage along I-64, a major thoroughfare with a high average daily traffic count of 56,700 vehicles. Its strategic location along the planned Frank Scott Parkway extension provides excellent accessibility and visibility. Furthermore, the property's proximity to Memorial East Hospital and the Siteman Cancer Center, along with its convenient location within five minutes of Scott Air Force Base and St. Louis Mid America Airport, makes it highly attractive for a variety of commercial uses. The property's assessed parcel number (APN) is 04-33.0-300-020/021. The asking price is $196,020, translating to a land value of $4 per square foot. This substantial acreage offers significant upside for developers seeking a prime location with exceptional access and visibility in a rapidly growing area. The property is located at North Main St, Shiloh, IL 62269.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.