For Sale
$2,500,000

0 Wells BypMount Vernon, IL 62864

77.6 Acres, $2.5M, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 77.6-acre industrial land parcel presents a remarkable investment opportunity in Mount Vernon, Illinois. Strategically located at the intersection of Wells Bypass and Ambassador Road, this property boasts high visibility and accessibility. The land is zoned for industrial use, offering flexibility for a variety of development projects. Its prime location within an established Tax Increment Financing (TIF) District and Enterprise Zone provides significant economic incentives. The area is already home to major retailers such as Walmart, Lowe's, Kohl's, Staples, and Menards, ensuring high traffic and consumer visibility. This site is ideal for mixed-use development, potentially incorporating both retail and residential components. The asking price is $2,500,000, translating to a land value of $0.74 per square foot. The property's APN is 10-02-400-001. Further development potential exists through assemblage with adjacent lots. This is a rare opportunity to acquire a substantial tract of land in a thriving commercial area with significant growth potential. Don't miss this chance to secure a prime location for your next project.

Highlights

  • 77.6-acre industrial land parcel in Mount Vernon, IL, at Wells Bypass & Ambassador Road intersection.
  • High-visibility location zoned for industrial use within a TIF District and Enterprise Zone.
  • $2,500,000 asking price ($0.74/SF); APN 10-02-400-001.
  • Near major retailers (Walmart, Lowe's, Kohl's, Staples, Menards), offering high traffic and visibility.
  • Potential for mixed-use development and assemblage with adjacent lots.

Property Details for 0 Wells Byp

Property type
Land, Industrial properties
Lot Size (sq. ft)
3,380,256 SF

Location Insight

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

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0 Wells Byp
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