4204 Frank Scott Pkwy W Belleville, IL 62223
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.