4519 Alton Commerce PkwyAlton, IL 62002

Property Details for 4519 Alton Commerce Pkwy

Lot size

1.99 AC

Property type

Land

Property subtype

Commercial land

APN

23-2-08-04-09-101-002

APU

232080409101002

Description

This exceptional 0.99-acre commercial lot presents a unique investment opportunity in Alton, Illinois. Strategically located approximately one mile south of Interstate 255 and north of Illinois Route 140, this property offers unparalleled access to major transportation arteries. A mere 20-minute drive to Interstate 270 and 30 minutes to St. Louis ensures convenient connectivity to a vast regional market. Boasting 402 feet of frontage on Alton Commerce Parkway, this site provides excellent visibility and accessibility for any commercial venture. All essential public utilities are readily available in the immediate vicinity, simplifying development plans. The property's zoning offers flexibility, allowing for potential rezoning to either commercial or multifamily uses, expanding development possibilities. Furthermore, a completed Phase 1 environmental assessment confirms a clean environmental record, mitigating potential development risks. The property benefits from the reliable protection services provided by the City of Alton Fire and Police departments, ensuring a secure environment for any future development or business operation. This is a rare opportunity to acquire a well-situated, versatile parcel of land with significant growth potential in a thriving area. The asking price is $175,000.

• Alternative Use

  Use

  Valuation

  Residential

  $26,498,874

  Hospitality

  $24,272,826

  Educational

  $20,194,706

  Medical

  $20,889,234

  Retail

  $31,413,988

Location Insight

City

Alton

County

Madison

State

Illinois

Latitude

38.9157

Longitude

-90.1166

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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