121 White St Millstadt, IL 62260
This exceptional 0.78-acre commercial land parcel presents a unique investment opportunity in Millstadt, Illinois. Located at 121 E White Street, this property boasts a highly desirable location, just one block from a major east-west thoroughfare, ensuring excellent visibility and accessibility. The L-shaped lot offers 176 feet of frontage, providing ample space for development. Zoned for industrial use, this site is ready for immediate development, with all utilities already connected. The asking price is $150,000, translating to a land value of $4.41 per square foot. The property's APN is 12-10.0-306-012 & 12-10.0-306-014. Situated in St. Clair County, with a 62260 zip code, this property offers convenient access to transportation routes and a thriving local economy. Its strategic location and industrial zoning make it ideal for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area. The property is ready for your vision.
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
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.