Wl Byp And Ambassador Rd Mount Vernon, IL 62864
- Land
- 48.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Wl Byp And Ambassador Rd
- Lot size
- 48.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 48-acre development site in Mount Vernon, Illinois, presents a unique investment opportunity. Located at the intersection of Wells Bypass and Ambassador Road, the property boasts significant frontage on Wells Bypass and Interstate 57, benefiting from high traffic counts (48,700 ADT on I-57/I-64). The site is conveniently situated just half a mile south of the new I-57 Exit 94, offering easy access to major transportation routes. Zoned AG, the land includes a 12-acre pond and is directly across from the new Mount Vernon Township High School, where all utilities are available. The asking price is $1,260,000, translating to $26,250 per acre. The property's size and strategic location make it ideal for a variety of commercial or agricultural developments. The seller will consider dividing the parcel, offering flexibility for potential buyers. The APN is 10-01-300-002. This is a rare opportunity to acquire a substantial tract of land with excellent visibility and access in a growing 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
- Mount Vernon
- County
- Jefferson
- State
- Illinois
- Longitude
- -88.948
- Latitude
- 38.2959
