For Sale
Request a price

Rt 162 & Formosa Rd Troy, IL 62294

I-1 Zoned Land, Build-to-Suit Available

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional industrial land offering presents a unique opportunity in Troy, Illinois. Located at the intersection of Rt 162 and Formosa Road in Madison County (zip code 62294), this property boasts flexible lot sizes ranging from 2.1 to 3.52 acres, all zoned I-1 for light industrial use. The site is conveniently situated for excellent access to I-55, providing seamless transportation links. The land is preliminarily plotted into lots of approximately 450 feet by 200 feet, although these dimensions are adaptable to suit individual buyer needs. The seller is willing to divide the land into parcels ranging from one to sixteen contiguous acres, offering significant flexibility for various development projects. Furthermore, build-to-suit options are available, allowing for customized construction to meet specific requirements. All utilities are readily accessible, and the property permits the construction of steel buildings and outdoor storage. While restrictive covenants are in place, they are designed to maintain the quality and character of the development. The land value is priced competitively at $2 to $2.75 per square foot. This prime location and versatile zoning make this an ideal investment for businesses seeking a strategic foothold in the thriving industrial sector of Madison County.

Highlights

  • I-1 Light Industrial Zoning.
  • Steel building construction permitted.
  • All utilities available.
  • 1-16 contiguous acres available; seller will divide.
  • Build-to-suit options available.
  • Lots approximately 450' x 200', but dimensions are flexible.

Property Details for 0 Rt 162 & Formosa Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
91,476 SF

Location Insight

City
Troy
County
Madison county
State
Illinois
Latitude
38.7326705
Longitude
-89.9154179

FAQs

What type of property is this?
Land - I-1 Zoned Land, Build-to-Suit Available
Where is the land located?
The property is located at Rt 162 & Formosa Rd Troy, IL.
What are key features of this property?
This property features: I-1 Light Industrial Zoning.; Steel building construction permitted.; All utilities available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Rt 162 & Formosa Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message