For Sale
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Property summary
This exceptional investment opportunity presents a 15,246 square foot lot situated at 409 W Saint Louis Avenue in East Alton, Illinois, zip code 62024. The property is zoned for industrial use and includes a small existing building, adding immediate value to the purchase. The asking price for this warehouse and land package is $125,000. The strategic location on a heavily traveled street offers significant potential for a variety of commercial uses. The property's size and accessibility make it an attractive option for businesses seeking a prominent presence in a high-traffic area. This is a rare chance to acquire a well-positioned industrial property in a growing market. The existing building, while small, provides immediate utility and could be repurposed or expanded upon. The substantial lot size allows for considerable flexibility in development plans, catering to a range of business needs. Detailed site plans and zoning information are available upon request. This is a turnkey opportunity for investors seeking a strong return on investment in a desirable location. Don't miss this chance to secure this prime East Alton property.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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