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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

421 Belt E Belleville, IL 62220-2651

2,728 SF 0.72 ac lot Built 1957
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US28-2080027
Property summary
AI-generated overview

This exceptional 0.72-acre commercial lot, located at 421 South Belt East in Swansea, Illinois (zip code 62220), presents a unique development opportunity. Situated on a high-traffic corner at the intersection of South Belt East and Freeburg Avenue, this property boasts a daily traffic count of 13,000 vehicles. A proposed roundabout at the intersection is expected to further enhance visibility and accessibility. The lot is zoned C-2 Heavy Commercial, providing flexibility for a variety of commercial uses. The existing building, totaling 31,363 square feet, is vacant, offering a clean slate for new construction or redevelopment. The net rentable area is 2,728 square feet. Built in 1957, the property includes all utilities on-site and offers ample parking for 40 vehicles. Its convenient location offers close proximity to Illinois Route 15, various fast-food restaurants, the Belleville Fair Grounds, and convenience stores. The property's APN is 08-27.0-311-022. This prime location and versatile zoning make this an ideal investment for developers seeking high-visibility commercial space in a thriving area. The property is currently vacant, offering immediate development potential.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1957
Total area 2,728 SF
Lot 0.72 ac (31,363 SF)
APN 08-27-0-311-022
UPID US28-2080027
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
Current use
Occupant on record · Public records
  • ATM (Gas Mart USA) Atm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
MAC S CONVENIENCE STORES LLC
MAC S CONVENIENCE STORES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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