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Property profile & analytics
FOR SALE
Commercial real estate

4204 Frank Scott Pkwy W Belleville, IL 62223

61 ac lot
Property ID
US28-2183716
4204 Frank Scott Pkwy W, Belleville, IL 62223 For Sale
$2,117,016
4204 Frank Scott Pkwy W, Belleville, IL 62223
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Property summary
AI-generated overview

This exceptional 61-acre parcel presents a significant development opportunity in Belleville, Illinois. Located at 4204 Frank Scott Pkwy W, this commercially and residentially zoned (A-1 Single Family) property boasts over 2,400 feet of frontage along Frank Scott Parkway West. The land is level and easily divisible, making it ideal for a variety of projects. All utilities are available on-site, simplifying development plans. The property benefits from its location within a Tax Increment Financing (TIF) district and Enterprise Zone, offering potential economic incentives. Its strategic position across from Belleville West Township High School and a quarter-mile south of Route 15 provides excellent visibility and accessibility. The surrounding area features a thriving commercial corridor, anchored by major retailers such as Home Depot and Target, and numerous auto dealerships, ensuring high traffic volume and strong potential for commercial success. The asking price is $2,482,920, with a land value of $0.95 per square foot. The APN is 08-19.0-300-007. This is a rare opportunity to acquire a substantial tract of land in a high-growth area with significant development potential.

Property profile
Verified
Property type Commercial real estate
Lot 61 ac (2,657,160 SF)
APN 08-19.0-300-007
UPID US28-2183716
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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