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    Property profile & analytics

    9920 Perrin Rd Mascoutah, IL 62258

    • Commercial real estate
    • 19.00 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-1632960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 9920 Perrin Rd

    Lot size
    19.00 lot acres
    Property type
    Commercial real estate
    APN
    10-07.0-200-019

    Description

    This exceptional 19-acre commercial development site boasts unparalleled visibility from Interstate 64, Exit 23, in Mascoutah, Illinois. Zoned GC-General Commercial, this property offers significant potential for a variety of commercial ventures. All utilities are conveniently located on-site, simplifying development plans. Due diligence has already been completed, including surveys, topography studies, and Phase One environmental assessments. The property is available for sale at $1,500,000, translating to $1.81 per square foot. This represents a compelling opportunity for investors seeking high-impact commercial development in a strategic location. The site is divisible, with a minimum of 5 acres available for purchase, offering flexibility to suit various project scales. The property's address is 9920 Perrin Road, Mascoutah, IL 62258, and its APN is 10-07.0-200-019. A new Tax Increment Financing (TIF) district further enhances the investment appeal. This is a rare opportunity to acquire a ready-to-develop site with excellent interstate access and comprehensive pre-development work already completed. Contact us today to explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mascoutah
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8011159
    Latitude
    38.5527019

    Comparable in this City

    • $1,118,000
      14.33 Acres

      I-64 Commercial Land Development

      14 Acres, High Visibility, Excellent Location
      0 Perrin Rd, Lebanon, IL 62258
      View Details
    • $1,500,000

      Commercial Development Sites For Sale

      Commercial development sites available in a new TIF district.
      9920 Perrin Rd, Mascoutah, IL 62258
      View Details
    • Contact for pricing
      16.85 Acres

      Prime Mascoutah Commercial Land

      16.85 Acres, High-Visibility I-64 Location
      9750 Hayden Dr, Mascoutah, IL 62258
      View Details
    • $1,500,000
      19.00 Acres

      IL-4 And I-64

      Land • 19.00 Acres
      IL-4 And I-64, Mascoutah, IL 62258
      View Details
    • $700,000

      Commercial Development Sites for Sale

      Commercial land available in a new TIF district.
      Perrin Rd, Mascoutah, IL 62258
      View Details
    • Contact for pricing
      0.16 Acres

      Corner Lot in Mascoutah, IL

      Double corner lot in a desirable Mascoutah, IL location.
      2201 Illinois Ave, Mascoutah, IL 62258
      View Details

    Similar Nearby for Sale

    • $1,118,000
      14.33 Acres

      I-64 Commercial Land Development

      14 Acres, High Visibility, Excellent Location
      0 Perrin Rd, Lebanon, IL 62258
      View Details
    • $1,500,000

      Commercial Development Sites For Sale

      Commercial development sites available in a new TIF district.
      9920 Perrin Rd, Mascoutah, IL 62258
      View Details
    • Contact for pricing
      16.85 Acres

      Prime Mascoutah Commercial Land

      16.85 Acres, High-Visibility I-64 Location
      9750 Hayden Dr, Mascoutah, IL 62258
      View Details
    • Contact for pricing
      0.16 Acres

      Corner Lot in Mascoutah, IL

      Double corner lot in a desirable Mascoutah, IL location.
      2201 Illinois Ave, Mascoutah, IL 62258
      View Details
    • $112,500
      3.07 Acres

      Residential Land in Silver Falls

      3.07 acre lot ideal for building a dream home.
      5929 Highbanks Rd, Mascoutah, IL 62258
      View Details
    • Contact for pricing
      37.20 Acres

      I-64 Frontage Commercial Land

      Prime 37.2-acre development site in Mascoutah, IL.
      0 Perrin Rd, Lebanon, IL 62258
      View Details
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    Mascoutah, IL 62258
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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