1084 Hartman Ln O'Fallon, IL 62269
This exceptional 0.88-acre commercial lot presents a remarkable development opportunity in O'Fallon, Illinois. Strategically located at 1084 Hartman Lane, near the intersection of Hartman Lane and Frank Scott Parkway, this property boasts a highly desirable B-3 Highway Business zoning designation. The site benefits from excellent visibility and accessibility, with all utilities readily available. Its proximity to Interstate 64 (only 1.5 miles away) ensures convenient access to major transportation routes. High traffic counts are a significant advantage, with 11,300 average daily traffic (ADT) on Hartman Lane and 17,800 ADT on Frank Scott Parkway (Thouvenot Lane). The property's location across the street from the new Thirteen01 Hartman Lakes multi-family development, featuring over 200 units and a planned second phase of 120 villas, further enhances its appeal and potential for significant return on investment. The property's APN is 03-36.0-300-035, and its location in St. Clair County, Illinois, zip code 62269, offers a strong foundation for a variety of commercial ventures. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area with excellent growth prospects.
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
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Property description
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No recorded transactions found for this property.
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Risks
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