1501 Catherine St Metropolis, IL 62960
This exceptional 300' x 126' buildable parcel, located within the city limits of Metropolis, Illinois, presents a unique opportunity for development. Comprising six level city lots, this property offers significant potential for a variety of projects. The land is characterized by mature trees, adding to its natural beauty and providing a tranquil setting. A nearby creek further enhances the property's appeal. The asking price is $30,000. Given its size and location, this parcel is ideal for constructing a new single-family home, or it could be subdivided to create multiple rental units, generating substantial rental income. Alternatively, its expansive area and desirable location make it a perfect candidate for community development, such as a playground or dog park, providing a valuable amenity for Metropolis residents. The property's address is 1501 Catherine Street, Metropolis, IL 62960, situated in Massac County. The property is conveniently located within the city limits, offering easy access to local amenities and services. This is a rare opportunity to acquire a sizable, buildable parcel in a desirable location at an attractive price. Don't miss out on this chance to build your dream home or develop a profitable investment.
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
Similar Nearby for Lease
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.