988 Green Mount Rd Belleville, IL 62221
This exceptional 17.48-acre commercial development site presents a compelling investment opportunity in Shiloh, Illinois. Located at 988 A North Green Mount Road, the property boasts 350 feet of frontage on a major thoroughfare with an average daily traffic count of 18,200 vehicles. Its strategic location offers easy access to key transportation arteries, being less than 1.5 miles from Interstate 64, Exit 16, and a convenient 25-minute commute to downtown St. Louis. The site is zoned CE-Country Estates, providing flexibility for various commercial ventures. The property's assessed parcel number (APN) is 09-06.0-309-003/004/005. Situated near the established Green Mount Crossing Shopping Center, this land parcel offers high visibility and potential for significant returns. The asking price is $1,500,000, translating to a land value of $85,812 per acre. This presents a rare chance to acquire a substantial tract of land in a thriving commercial area with excellent connectivity and development potential. The property is ideal for a range of commercial uses, making it an attractive proposition for both developers and investors seeking a strategic foothold in the St. Clair County market. Detailed zoning information and development guidelines are readily available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.