0 Smt Spg Fairview Heights, IL 62208
Exceptional 103-acre commercial development opportunity in Fairview Heights, Illinois, priced at $824,000 ($8,000/acre). This unimproved land, located behind the Summit Springs Subdivision, is zoned R-3 and boasts convenient access to major transportation arteries. Originally platted for 124 lots (Phases III & IV), the property presents potential for high-density residential development, subject to rezoning consideration by Fairview Heights. Its strategic location offers proximity to downtown St. Louis (10-15 minutes), the I-64/Highway 50 interchange (2 miles), and St. Clair Square, a vibrant retail hub featuring numerous restaurants, hotels (including the Sheraton Four Points), and major retailers. Utilities are readily accessible. APN: 13-19-100-003, 13-19-405-010. This substantial parcel presents a unique investment prospect with significant upside potential.
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
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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.