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Property profile & analytics

10427 Ambassador Rd Mount Vernon, IL 62864

  • Commercial real estate
  • 98.86 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-4308555
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 10427 Ambassador Rd

Lot size
98.86 lot acres
Property type
Commercial real estate
APN
10-02-100-005, 10-02-100-006, 10-02-300-010

Description

This exceptional 98.86-acre property in Mount Vernon, Illinois, presents a unique investment opportunity. Located in a rapidly expanding commercial and industrial area, this vacant land boasts a prime location near the southwest intersection of I-57 and Veterans Memorial Parkway. The site benefits from its proximity to major retailers including Menards, Walmart, Lowe's, Kohl's, and Staples, as well as the new Mount Vernon Township High School and SSM Health Good Samaritan Hospital, situated across I-57. The property is zoned for industrial use and is part of an established Tax Increment Financing (TIF) District and Enterprise Zone, offering potential public incentives. Its strategic location provides easy access to the Wells Bypass, Veterans Memorial Parkway, and I-64/I-57, making it an ideal site for warehousing, mixed-use development, or multi-family housing. The property is divisible, offering flexibility for various development scenarios, and also presents an excellent assemblage opportunity with adjacent properties currently available. Full utilities are available. This site is situated in a high-population area, within 500 miles of over 100 million people, and benefits from being near a major freight hub. The property's legal description includes APN numbers 10-02-100-005, 10-02-100-006, and 10-02-300-010, and is offered as a fee simple ownership with a cash deal investment type. This is a rare opportunity to acquire a large, strategically located parcel in a thriving market.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Mount Vernon
County
Jefferson
State
Illinois
Longitude
-88.9602585
Latitude
38.2881807
More about this property
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