252 Grn Mt Rd Shiloh, IL 62221-6754
This exceptional 13.11-acre parcel, zoned for commercial use, presents a remarkable investment opportunity in Belleville, Illinois. Located at 252 N Green Mount Rd, this property boasts a strategic location just 15 minutes from Scott Air Force Base and minutes from Southwestern Illinois College (SWIC). Its versatile zoning allows for a variety of development options, including residential housing, perfectly suited to meet the needs of military families and SWIC students. The land's prime location offers easy access to major transportation routes and amenities, making it an attractive proposition for both residential and commercial ventures. The $6.50 per square foot land value represents a compelling price point for developers seeking a high-return investment. This property offers significant potential for substantial returns, given its proximity to a large military base and a thriving college community. The 62221 zip code ensures easy access to local services and infrastructure. This is a rare opportunity to acquire a sizable, strategically located land parcel with significant development potential in a growing area. The property's size and zoning make it ideal for a variety of projects, from large-scale residential developments to retail spaces catering to the local community. Don't miss this chance to secure a prime piece of Belleville real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.