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Property profile & analytics
OFF-MARKET
Land

5606 Main St Belleville, IL 62226

2.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a remarkable redevelopment opportunity in Belleville, Illinois. Strategically located at the highly visible, signalized intersection of West Main Street and Frank Scott Parkway, this property boasts exceptional visibility and accessibility. With a combined average daily traffic count exceeding 35,000 vehicles, this site offers unparalleled exposure for a wide range of commercial ventures. The property is zoned for commercial use, providing flexibility for various development plans. The existing structure, currently utilized as an office/showroom, could be repurposed or removed to accommodate new construction. The location is further enhanced by its proximity to Althoff Catholic High School and two bank branches, ensuring a consistent flow of foot traffic and potential clientele. The property's APN numbers are 08-07.0-302-013

Property profile
Verified
Property type Land
Lot 2.5 ac (108,900 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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