For Sale
$347,303

702 Highway 50O'Fallon, IL 62269

1.34-acre development site, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 1.34-acre commercial land parcel presents a prime development opportunity in O'Fallon, Illinois. Located at 702 West Hwy 50, this high-visibility site boasts 151 feet of frontage on a major thoroughfare, experiencing a high average daily traffic count of 14,900 vehicles. The property is zoned for Office District 1 and SR-2, offering flexibility for a variety of commercial developments. Its strategic location near a high-growth intersection ensures excellent accessibility and exposure. All utilities are conveniently located on-site, simplifying the development process. The land is priced competitively at $347,303, translating to $5.95 per square foot. This represents a significant value proposition for developers seeking a well-situated parcel in a thriving market. The property's APN is 04-30.0-300-015

Highlights

  • 1.34-acre development site for sale, 151' of frontage on West Hwy 50.
  • High-visibility location near a high-growth intersection with 14,900 ADT.
  • Office District 1 and SR-2 zoning; all utilities available.
  • Reduced price: $347,303 ($5.95/SF).

Property Details for 702 Highway 50

Property type
Land
Lot Size (sq. ft)
58,370 SF

Location Insight

City
O'Fallon
County
St Clair
State
Illinois
Latitude
38.5889602
Longitude
-89.9241015
702 Highway 50, O'Fallon, Illinois

FAQs

What type of property is this?
Land - 1.34-acre development site, high visibility.
Where is the land located?
The property is located at 702 Highway 50 O'Fallon, IL.
What is the asking price?
The asking price for this property is $347,303.
What are key features of this property?
This property features: 1.34-acre development site for sale, 151' of frontage on West Hwy 50.; High-visibility location near a high-growth intersection with 14,900 ADT.; Office District 1 and SR-2 zoning; all utilities available.
How can I contact the broker?
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702 Highway 50
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