Technical
Financial
Distress signals
Property profile

252 Grn Mt Rd Shiloh, IL 62221

OFF-MARKET
Commercial land
Property ID
US28-5794483
13.11 ac lot
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 13.11 ac (571,072 SF)
APN 09-18-0-302-001
UPID US28-5794483

Cap rate & NOI

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

Location

252 Grn Mt Rd Shiloh, IL 62221-6754
Shiloh metro Census 503908 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2015
7 recorded transactions
2015
$1.2M
2008
$1.5M
2007
$2.9M
2007
$2.4M
2007
$4.0M
2005
$2.5M
2005
Price N/A

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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