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Wl Byp Mount Vernon, IL 62864

12-13 acre lots, ideal retail/hotel site

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity encompasses two adjacent parcels totaling approximately 12 and 13 acres, both divisible, situated in Mount Vernon, Illinois. Located at the intersection of Wells Bypass and Veterans Memorial Parkway, this property boasts unparalleled visibility and accessibility, with direct access to I-57 and I-64. The site benefits from its location within an established Tax Increment Financing (TIF) District and Enterprise Zone, offering potential public incentives. Zoned for commercial use, this land is perfectly suited for retail, hospitality, or convenience store development. Surrounding the property are numerous established businesses, including Walmart, Kohl's, Menards, Lowe's, Staples, and SSM Good Samaritan Hospital, ensuring high traffic and strong consumer demographics. The City of Mount Vernon has recently added a new traffic signal and sidewalk at the intersection, further enhancing the property's value. Utilities are readily available. This location is strategically positioned near a major freight hub and serves a population exceeding 100 million within a 500-mile radius. The property's proximity to a new high school and the hospital complex adds to its long-term appeal. This is a rare chance to acquire prime commercial land in a thriving area with significant growth potential. The APN is 10-02-200-011. The property is offered fee simple and is vacant.

Highlights

  • 12+/- acres and 13+/- acres, both divisible.
  • New signalized intersection at a QuickTrip location.
  • Prime location in Mt. Vernon's rapidly developing commercial/industrial area.
  • Situated within a newly established Tax Increment Financing (TIF) District and Enterprise Zone, offering public incentives.
  • Frontage on Wells Bypass, Veterans Memorial Parkway, I-64/I-57, and direct I-65/I-57 access.
  • Adjacent to Menards, Walmart, Lowe's, Kohl's, Staples, and other national retailers and restaurants.

Property Details for 0 Wl Byp

Property type
Retail properties, Mixed-use properties
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Mount Vernon
County
Jefferson
State
Illinois
Latitude
38.3067257
Longitude
-88.9514524

FAQs

What type of property is this?
Retail property - 12-13 acre lots, ideal retail/hotel site
Where is the retail property located?
The property is located at Wl Byp Mount Vernon, IL.
What are key features of this property?
This property features: 12+/- acres and 13+/- acres, both divisible.; New signalized intersection at a QuickTrip location.; Prime location in Mt. Vernon's rapidly developing commercial/industrial area.
How can I contact the broker?
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0 Wl Byp
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