Technical
Financial
Distress signals
Property profile

140 Corporate Dr Swansea, IL 62226

OFF-MARKET
Commercial land
Property ID
US28-1875119
2.4 ac lot
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2.46-acre commercial land parcel presents a remarkable opportunity for investors and developers. Located at 140 Corporate Drive in Swansea, Illinois, this property boasts a highly desirable Highway Business zoning designation within the Village of Swansea. Its strategic corner lot position ensures maximum visibility and accessibility, making it ideal for a wide range of commercial ventures. The lot itself is entirely level, simplifying construction and minimizing site preparation costs. All essential utilities are readily available at the site, streamlining the development process and reducing upfront expenses. The property's expansive size and prime location offer significant potential for a variety of uses, catering to businesses seeking high-traffic exposure and convenient access. This is a rare opportunity to acquire a ready-to-build commercial lot in a thriving area, offering significant return on investment. The asking price is $225,000. Don't miss this chance to secure a prominent location for your next commercial project. Contact us today to learn more and schedule a site visit.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.4 ac (104,544 SF)
APN 08-03-0-111-003
UPID US28-1875119

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

140 Corporate Dr Swansea, IL 62226-2033
Swansea metro Census 503323 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2005
1 recorded transaction
2005
$200,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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