For Sale
$3,200,000

1404-1408 Hwy O'Fallon, IL 62269

7+ Acres, High Visibility, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 7.05-acre commercial land parcel presents a remarkable redevelopment opportunity in O'Fallon, Illinois. Boasting 350 feet of frontage on Highway 50, this high-visibility site benefits from an impressive 80,000 average daily traffic count on nearby I-64, ensuring significant exposure to potential customers. The property's strategic location offers unparalleled access to a substantial consumer base: 100,000 people reside within a 5-mile radius, and nearly 250,000 within a 10-mile radius. Its proximity to major transportation arteries and key regional destinations further enhances its appeal. Situated just 15 miles from St. Louis and 10 miles from Scott Air Force Base, this site is ideally positioned to capitalize on the robust economic activity and substantial population density of the surrounding area. The property is zoned B-1, offering flexibility for a wide range of commercial developments. The APN is 03-26.0-200-016|201-008. This is a truly exceptional opportunity to acquire a prime commercial land parcel in a thriving market. The asking price is $3,200,000.

Highlights

  • 7.05-acre commercial land parcel with 350 feet of highway frontage on Hwy 50.
  • High-visibility location boasting 80,000 ADT on I-64.
  • Excellent demographics: 100,000 residents within 5 miles, and nearly 250,000 within 10 miles.
  • Prime location, 15 miles from St. Louis and 10 miles from Scott Air Force Base.

Property Details for 1404-1408 Hwy

Property type
Land
Lot Size (sq. ft)
307,098 SF

Location Insight

City
O'Fallon
County
St. Clair
State
Illinois
Latitude
38.5925805
Longitude
-89.9509244

FAQs

What type of property is this?
Land - 7+ Acres, High Visibility, Prime Location
Where is the land located?
The property is located at 1404-1408 Hwy O'Fallon, IL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 7.05-acre commercial land parcel with 350 feet of highway frontage on Hwy 50.; High-visibility location boasting 80,000 ADT on I-64.; Excellent demographics: 100,000 residents within 5 miles, and nearly 250,000 within 10 miles.
How can I contact the broker?
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1404-1408 Hwy
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