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Property profile

0 2Nd St Mascoutah, IL 62258

OFF-MARKET
Land
0.65 ac lot
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Property summary

AI-generated overview

This exceptional 0.65-acre lot, located at N 2nd St in Mascoutah, Illinois, presents a unique development opportunity. The property, identified by APN numbers 19-080-102-001, 19-080-112-002;003;004;007;008, 19-080-113-001, and 19-080-108-004;006, is zoned SR-1, allowing for residential development. Situated in St. Clair County, with a 62258 zip code, this parcel offers convenient access to local amenities and infrastructure. The asking price is $35,000. While the overall acreage of available lots ranges from 0.49 to 2.07 acres, this specific lot provides 0.65 acres of buildable land. Utilities are conveniently located on-site, simplifying the development process. Note that portions of some neighboring acreage are currently being farmed. This property represents a compelling investment for builders or developers seeking a well-located residential building site in a thriving Illinois community. The coordinates are 38.4924183 latitude and -89.8020072 longitude. This is a rare opportunity to acquire a ready-to-develop residential lot in a desirable location. Don't miss out on this chance to build your dream project or expand your portfolio.

Property profile

Verified
Property type Land
Lot 0.65 ac (28,314 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2Nd St Mascoutah, IL 62258
Mascoutah metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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