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Property profile & analytics
OFF-MARKET
Land

0 Hagemann Rd Lebanon, IL 62254

102.59 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 102.59 ac (4,468,820 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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