2600 Fosterburg Rd Alton, IL 62002
- Distribution centers
Current Use by Public Records
- Distribution centers
Property Details for 2600 Fosterburg Rd
- Property type
- Distribution centers
Description
This exceptional 21.6-acre industrial property, located at 2600 Fosterburg Road in Alton, Illinois (zip code 62002), presents a compelling investment opportunity. Priced at $438,000 ($20,000 per acre), this expansive lot offers significant potential for various uses. Conveniently situated approximately one mile south of I-255 and north of Illinois Route 140, it provides easy access to major transportation arteries. Commuters will appreciate the proximity to Interstate 270 (20 minutes) and St. Louis (30 minutes). The property boasts the advantage of readily available public utilities. Furthermore, its zoning offers flexibility, allowing for potential rezoning to commercial or multifamily uses, subject to local approvals. A completed Phase 1 environmental assessment confirms a clean environmental record. The location benefits from the security and services provided by the City of Alton's fire and police departments. This large parcel presents a rare chance to acquire a strategically located industrial land holding with significant development potential in a growing area. The lot size is 940,896 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Madison
- State
- Illinois
- Longitude
- -90.125215
- Latitude
- 38.9158959
