For Sale
$3,000,000

Cor Of I-64 / Rt. 4 / Perrin Rd Mascoutah, IL 62258

37-acre development site, I-64 access, utilities available.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 37.2-acre commercial development site presents a unique investment opportunity in Mascoutah, Illinois. Strategically located at the northeast corner of I-64 and Route 4/Perrin Road, this property boasts unparalleled visibility and accessibility. Zoned GC-General Commercial, it's ready for immediate development. All utilities are on-site, simplifying the construction process and minimizing upfront costs. The property is situated within a newly established Tax Increment Financing (TIF) district, offering potential tax advantages for developers. Comprehensive due diligence has already been completed, including surveys, topography studies, and Phase I environmental assessments. This significantly reduces the time and expense typically associated with site preparation. The seller is willing to consider dividing the property to accommodate various development needs. With its prime location, desirable zoning, and completed preliminary work, this site is ideal for a wide range of commercial ventures. The land value is $1.85 per square foot. The APN is 10-06.0-400-022. This is a rare opportunity to acquire a fully prepared commercial site in a high-growth area. Don't miss out on this exceptional investment prospect.

Highlights

  • Generous Commercial Zoning.
  • Located in the New Tif District.
  • Utilities readily available.

Property Details for 0 Cor Of I-64 / Rt. 4 / Perrin Rd

Property type
Land
Lot Size (sq. ft)
609,840 SF

Location Insight

City
Mascoutah
County
St. Clair
State
Illinois
Latitude
38.5561187
Longitude
-89.8071536

FAQs

What type of property is this?
Land - 37-acre development site, I-64 access, utilities available.
Where is the land located?
The property is located at Cor Of I-64 / Rt. 4 / Perrin Rd Mascoutah, IL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Generous Commercial Zoning.; Located in the New Tif District.; Utilities readily available.
How can I contact the broker?
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0 Cor Of I-64 / Rt. 4 / Perrin Rd
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