For Sale
$1,432,000

Madison Ave & Hedge Rd Roxana, IL 62084

Prime Commercial Land, Excellent Location, $40k/Acre

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 35.8-acre commercial land parcel is strategically located in Roxana, Illinois, at the intersection of Madison Avenue and Hedge Road (APN: 18-1-14-01-00-000-007 / 18-1-14-01-00-000-007.001), offering significant development potential. The property is zoned for agricultural use, presenting a unique opportunity for various commercial ventures. The asking price is $1,432,000, translating to a competitive $40,000 per acre. Existing utilities include water, electricity, and natural gas; however, sewer extension will be required. The property's location near Route 255 provides convenient access and high visibility. Furthermore, there's a possibility of extending the enterprise zone to encompass this land, subject to city approval. Interested parties should contact the city of Roxana to discuss enterprise zone extension eligibility. This expansive tract presents a rare chance to acquire a substantial land holding in a desirable location with potential for significant return on investment. The property's size and location make it ideal for a variety of commercial uses, pending necessary approvals and permits.

Highlights

  • $1,432,000 asking price for 35.8 acres of commercial land.
  • Located in Roxana, IL (62084), at Madison Ave & Hedge Rd, Madison County.
  • Agricultural zoning.
  • $40,000/acre land value.
  • Utilities: Water, electric, and gas on-site; sewer extension required. Potential enterprise zone designation (city approval needed).

Property Details for 0 Madison Ave & Hedge Rd

Property type
Land
Lot Size (sq. ft)
1,559,448 SF

Location Insight

City
Roxana
County
Madison
State
Illinois
Latitude
38.83326067
Longitude
-90.04822275

FAQs

What type of property is this?
Land - Prime Commercial Land, Excellent Location, $40k/Acre
Where is the land located?
The property is located at Madison Ave & Hedge Rd Roxana, IL.
What is the asking price?
The asking price for this property is $1,432,000.
What are key features of this property?
This property features: $1,432,000 asking price for 35.8 acres of commercial land.; Located in Roxana, IL (62084), at Madison Ave & Hedge Rd, Madison County.; Agricultural zoning.
How can I contact the broker?
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0 Madison Ave & Hedge Rd
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