0 Hagemann Rd Lebanon, IL 62254
This exceptional 102.59-acre parcel of land presents a unique investment opportunity in Lebanon, Illinois. Ideally situated off Hagemann Road near Albers Road, this property offers significant potential for various development projects. Currently zoned A - Agriculture in St. Clair County, the land is well-positioned for future rezoning, making it an attractive prospect for developers. The expansive lot size provides ample space for a variety of uses, including residential subdivisions. Its location within the O'Fallon school district is a significant advantage for residential development. Furthermore, the convenience of readily available sewer and water infrastructure simplifies the development process. The property's proximity to Scott Air Force Base, just 3 miles to the south, adds to its strategic appeal. This substantial acreage offers a rare chance to acquire a large, versatile tract of land in a desirable location with excellent potential for future growth and return on investment. The price per acre is $19,500. This property is ready for your vision.
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
Similar Nearby for Sale
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.