For Sale
$1,118,000

Perrin Rd Lebanon, IL 62258

14 Acres, High Visibility, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 14.33-acre commercial development site presents a unique investment opportunity in Mascoutah, Illinois. Strategically located at Exit 23 of Interstate 64, this property boasts significant visibility and accessibility, making it ideal for a wide range of commercial ventures. The site is zoned GC Commercial, allowing for diverse development possibilities. The property's location within a newly established Tax Increment Financing (TIF) district, created in 2017, offers potential tax advantages for developers. All utilities are readily available on-site, simplifying the development process. With 530 feet of frontage along I-64, this site offers unparalleled exposure to high traffic volumes. The asking price is $1,118,000, translating to $78,000 per acre. The property's parcel number (APN) is 10-07.0-200-025. The seller is willing to consider dividing the land to accommodate various development needs. This prime location in St. Clair County, with its address on Perrin Rd, zip code 62258, presents a compelling opportunity for significant return on investment. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a thriving area.

Highlights

  • 14.33-acre commercial development site in Mascoutah, IL, at I-64 Exit 23.
  • GC Commercial zoning, located in a 2017 TIF district, with all utilities available.
  • 530 feet of I-64 frontage, priced at $1,118,000 ($78,000/acre).

Property Details for 0 Perrin Rd

Property type
Land
Lot Size (sq. ft)
624,215 SF

Location Insight

City
Lebanon
County
St. Clair
State
Illinois
Latitude
38.5544762
Longitude
-89.7822004
Perrin Rd, Lebanon, Illinois

FAQs

What type of property is this?
Land - 14 Acres, High Visibility, Excellent Location
Where is the land located?
The property is located at Perrin Rd Lebanon, IL.
What is the asking price?
The asking price for this property is $1,118,000.
What are key features of this property?
This property features: 14.33-acre commercial development site in Mascoutah, IL, at I-64 Exit 23.; GC Commercial zoning, located in a 2017 TIF district, with all utilities available.; 530 feet of I-64 frontage, priced at $1,118,000 ($78,000/acre).
How can I contact the broker?
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0 Perrin Rd
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