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Perrin Rd Lebanon, IL 62258

Prime 37.2-acre development site in Mascoutah, IL.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 37.2-acre commercial development site presents a rare opportunity for investors and developers. Strategically located in Mascoutah, Illinois, with a highly desirable address on Perrin Road, this property boasts 530 feet of frontage along Interstate 64, ensuring unparalleled visibility and accessibility. The property is zoned GC-General Commercial, allowing for a wide range of development possibilities. The lot size offers ample space for large-scale projects, while its location within a Tax Increment Financing (TIF) district, established in 2017, provides significant financial incentives. All essential utilities are conveniently located nearby, simplifying the development process and minimizing infrastructure costs. The property's location in St. Clair County, Illinois, and its proximity to Interstate 64, make it an ideal location for businesses seeking high visibility and easy access to major transportation routes. The assessed parcel number (APN) is 10-07.0-200-009. The land is priced at $80,645 per acre, representing a compelling investment opportunity given its size, location, and zoning. This property is ready for immediate development and offers substantial potential for significant return on investment. The zip code is 62258.

Highlights

  • 37.2-acre commercial development site in Mascoutah, IL.
  • 530' of I-64 frontage provides exceptional visibility and accessibility.
  • GC-General Commercial zoning allows diverse development options.
  • Located in a TIF district (established 2017) offering financial incentives.
  • Utilities readily available.
  • APN: 10-07.0-200-009; $80,645/acre.

Property Details for 0 Perrin Rd

Property type
Land
Lot Size (sq. ft)
1,620,432 SF

Location Insight

City
Lebanon
County
St. Clair
State
Illinois
Latitude
38.5544762
Longitude
-89.7822004

FAQs

What type of property is this?
Land - Prime 37.2-acre development site in Mascoutah, IL.
Where is the land located?
The property is located at Perrin Rd Lebanon, IL.
What are key features of this property?
This property features: 37.2-acre commercial development site in Mascoutah, IL.; 530' of I-64 frontage provides exceptional visibility and accessibility.; GC-General Commercial zoning allows diverse development options.
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0 Perrin Rd
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