103 Macarthur Dr Bethalto, IL 62018
This exceptional 3.5-acre commercial property in Bethalto, Illinois, presents a unique multi-use development opportunity. Located at 103 E MacArthur Dr, 62018, this prime site boasts over 40,000 vehicles passing daily due to its exceptional I-255 frontage, offering unparalleled visibility. Its convenient proximity to St. Louis Regional Airport makes it ideal for hotels, restaurants, or retail establishments. The property is situated within the Riverbend Enterprise Zone, providing potential economic incentives. Preliminary plans and a site survey are already complete, streamlining the development process. The existing structure will be demolished by the seller upon contract acceptance, eliminating demolition costs and providing a clean slate for your vision. This property's past use as an industrial manufacturing site offers a solid foundation and ample space for diverse business ventures. Seller financing is available, making this an attractive investment opportunity in Bethalto's thriving commercial sector. The property is zoned for commercial use, ensuring a smooth permitting process. This is a rare chance to capitalize on a high-traffic location with significant development 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
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.