978 Airline Dr, East Alton, IL 62024-2055
This exceptional 5-acre parcel of land presents a unique opportunity for businesses seeking a strategic location for expansion or new development. Zoned for light industrial use, this property offers significant potential for a variety of commercial ventures. Its prime location near Interstate 255 ensures unparalleled accessibility and convenient transportation links, making it an attractive proposition for businesses needing efficient logistics. The property's adjacency to multiple existing storage units creates a synergistic environment, ideal for businesses in the storage industry or those seeking complementary operations. The single-tenant occupancy allows for complete control and customization of the space to meet specific business needs. Flexible lease terms are available, providing adaptability and accommodating various business requirements. This is a rare opportunity to secure a substantial land parcel in a high-demand area with excellent infrastructure and accessibility. The zoning designation allows for a wide range of light industrial uses, making it suitable for various businesses seeking to establish a strong presence in a thriving commercial zone. Don't miss this chance to acquire a prime piece of commercial real estate with exceptional potential for growth and profitability. Contact us today to learn more about this outstanding opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.