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    OFF-MARKET
    Commercial real estate

    New Poag Rd -, Edwardsville, IL 62025

    1.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.59-acre commercial lot presents a unique investment opportunity in Edwardsville, Illinois. Boasting breathtaking panoramic views of the American Bottoms and the St. Louis skyline, this property is ideally suited for a variety of commercial ventures, including retail establishments or upscale office spaces. Its strategic location offers excellent visibility and accessibility, situated at a four-way lighted intersection ensuring high traffic flow and convenient access for customers and employees. The property's flexibility is further enhanced by a presentation plat that allows for adaptable development plans. It's important to note that the property must be platted before closing. This lot, designated as number 6 on the presentation plat, benefits from its adjacency to the Enclave West student housing development, providing a built-in customer base and potential synergy for businesses catering to students and the surrounding community. The asking price for this remarkable property is $554,083. This presents a rare chance to acquire a highly visible and versatile commercial lot in a thriving area with exceptional views. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.59 ac (69,260 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
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    CAP Approach CAP
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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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