120-142 St. Ellen Mine Rd O'Fallon, IL 62269
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 120-142 St. Ellen Mine Rd
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This exceptional 5-acre commercial land parcel in O'Fallon, Illinois, presents a unique investment opportunity. Located at 120-142 St. Ellen Mine Rd, this property boasts a highly desirable B-1 zoning designation, making it suitable for a variety of commercial uses. The site is strategically positioned just off West US Highway 50, directly behind an Aldi, benefiting from exceptional visibility and high traffic counts of 21,000 vehicles per day on Hwy 50. Its proximity to major retailers such as Walmart Supercenter, Sam's Club, and Home Depot further enhances its appeal. The property is conveniently located only half a mile west of I-64, exit 14, providing easy access to regional transportation networks. Utilities are already on-site, simplifying development. The asking price is $750,000, representing a price per acre of $150,000. The property's APN is 03-26.0-413-002/414-002/400-062. The seller is willing to divide the land, with a minimum of 0.75 acres available. This prime location in a major retail corridor of O'Fallon makes this an ideal site for businesses seeking high visibility and convenient access to a large customer base. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving market.
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
- O'Fallon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9566
- Latitude
- 38.5912
