0 Frontage Rd Carterville, IL 62918
This exceptional 15.72-acre commercial land parcel presents a remarkable investment opportunity in Carterville, Illinois. Strategically located at the intersection of Route 13 and S. Frontage Road, this property boasts convenient access to vital city utilities, making it ideal for a wide range of commercial developments. The land is currently designated as raw land, offering unparalleled flexibility for future construction plans. Its location within a Tax Increment Financing (TIF) district provides potential economic incentives, further enhancing its attractiveness to developers. The expansive acreage allows for the possibility of subdivision, creating multiple development sites or accommodating large-scale projects. The property's address is Route 13 & S. Frontage Road, Carterville, IL 62918, situated in Williamson County. Detailed geographic coordinates are available upon request. This prime location offers significant potential for growth and return on investment, making it an exceptional opportunity for discerning buyers seeking a substantial commercial land holding in a thriving Illinois community. The asking price for this significant property is $1,990,000. Serious inquiries are encouraged.
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
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Property description
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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.