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Property profile & analytics
OFF-MARKET
Commercial land

252 Grn Mt Rd Shiloh, IL 62221-6754

13.11 ac lot
Entity Owned 11-yr Hold Free & Clear
Property ID
US28-5794483
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Roth Family LP|tbm Dev LLC · 11 yrs held
Roth Family LP|tbm Dev LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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