Technical
Financial
Distress signals
Property profile

1 Golf Rd Alton, IL 62035

OFF-MARKET
Land
2.26 ac lot
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Property summary

AI-generated overview

This exceptional 2.26-acre commercial and industrial land parcel presents a remarkable opportunity in Alton, Illinois. Located at 1 Golf Rd, this single-tenant site boasts 380 feet of frontage and is zoned MUT (Mixed Use Transportation), offering considerable development flexibility. The property's prime position sits at the signalized intersection of Homer Adams Parkway (experiencing over 19,800 vehicles per day) and Golf Road, ensuring high visibility and accessibility. Convenient access to all utilities is already in place, making this a truly development-ready site. Adding to its appeal, this land is adjacent to a newly constructed 120-room Holiday Inn Express, which opened Summer 2023. The property benefits from its proximity to significant traffic generators, including Alton Public Transit, Home Depot, Kohl's, Target, and numerous other businesses. The property's APN is 231070112201001, situated in Madison County, IL, zip code 62035. This exceptional location and convenient access make this a highly desirable site for a variety of commercial or industrial developments.

Property profile

Verified
Property type Land
Lot 2.26 ac (98,446 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Freight Service Logistics Company
  • Parking Lot For Bicycles
  • Train Station
  • Parking Lot & Garage

Location

1 Golf Rd Alton, IL 62035
Alton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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