0 74Th St Belleville, IL 62223
This exceptional 31.86-acre commercial land parcel presents a prime development opportunity in Belleville, Illinois. Strategically located at the signalized intersection of West State Route 15 and 74th Street, this site boasts 1,600 feet of frontage on Route 15, a major thoroughfare with an impressive 19,600 average daily traffic count (ADT). The property is zoned C-1, allowing for a wide range of commercial uses. All utilities are readily available on-site, making development seamless and efficient. Adding to its appeal, this location benefits from being situated within both a Tax Increment Financing (TIF) District and an Enterprise Zone, offering potential economic incentives for developers. Its proximity to major transportation arteries further enhances its value
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
Similar Nearby for Lease
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.