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Property profile & analytics
OFF-MARKET
Land

0 Wl Byp And Ambassador Rd Mount Vernon, IL 62864

48 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 48 ac (2,090,880 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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