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Property profile & analytics
OFF-MARKET
Land

0 Carlyle Ave Belleville, IL 62221

80.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 80.12-acre residential development opportunity in Belleville, Illinois, presents a unique chance to acquire a partially developed subdivision. Priced at $1,600,000 ($19,971/acre), this property boasts a total of 203 small lots and 26 larger lots, all within a platted subdivision. The land is zoned for single-family residential use by both the City of Belleville and St. Clair County, offering flexibility in lot sizes. Significant infrastructure is already in place, including some grading, streets, and utilities. Detailed information on the existing infrastructure is readily available. Conveniently located 0.35 miles from Green Mount Road, the SWIC campus, and the Green Mount Commons Shopping Center, this location offers excellent accessibility. Utilities are readily available on-site, including water from American Water, sewer from the City of Belleville, gas from Ameren Illinois, and electricity from Ameren Illinois. The property's APN is available upon request. This is an ideal investment for developers seeking a ready-to-build residential community in a desirable location. The county zoning allows for larger lot sizes than the city zoning, providing additional development options. Don't miss this chance to acquire a prime residential development tract in a thriving area.

Property profile
Verified
Property type Land
Lot 80.12 ac (3,490,027 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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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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