2900 Fosterburg Rd Godfrey, IL 62035
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 2900 Fosterburg Rd
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional 46,609 sq ft lot at 2900 Fosterburg Road in Alton, Illinois (zip code 62035), presents a compelling investment opportunity. Priced at $200,000, this surveyed property boasts excellent visibility with 130 feet of frontage on Fosterburg Road. Its strategic location offers easy access to I-255 and IL Route 140, ensuring convenient transportation links. The property is situated within the Alton city limits and benefits from the availability of all public utilities. A completed Phase 1 environmental assessment ensures a clean slate for development. The existing zoning allows for industrial use, but the property offers significant flexibility with the potential for rezoning to commercial or multifamily residential uses, expanding development options. This is a ready-to-develop site, ideal for various projects. Please note that additional adjacent land is also available for purchase. This property is a rare find, combining prime location, accessibility, and development potential in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Godfrey
- County
- Madison
- State
- Illinois
- Longitude
- -90.2432
- Latitude
- 38.9666
