0 Frank Scott Pkwy Fairview Heights, IL 62208
This exceptional 4.87-acre commercial development site is located in Fairview Heights, Illinois, at 62208, Frank Scott Parkway West. Zoned B-1, this pad-ready lot boasts 440 feet of frontage on Frank Scott Parkway, enjoying high visibility with an average daily traffic count of 13,000 vehicles. Its strategic location within a thriving retail corridor places it adjacent to a Target store, ensuring significant foot traffic and consumer accessibility. The property's significant advantage lies in its pre-existing extensive site improvements and readily available utilities, minimizing development hurdles and accelerating project timelines. The asking price is $150,000 per acre, totaling $150,000 for the entire parcel (APN: 03.33.0-404-031). Its proximity to the intersection of Frank Scott Parkway and IL Route 159, and a convenient 2.3-mile distance from I-64 (Exit 12), provides unparalleled access to major transportation arteries, enhancing its appeal to a wide range of commercial ventures. This presents a unique opportunity for developers seeking a prime location with minimal upfront infrastructure costs. The site's size and location make it ideal for a variety of commercial uses, offering significant potential for return on investment.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.