Technical
Financial
Distress signals
Property profile

5606 Main St Belleville, IL 62226

OFF-MARKET
Land
2.5 ac lot
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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

Location

5606 Main St Belleville, IL 62226
Belleville 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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