0 Perrin RdLebanon, IL 62258

Property Details for 0 Perrin Rd

Lot size

14.33 AC

Property type

Land

Description

This exceptional 14.33-acre commercial development site presents a unique investment opportunity in Mascoutah, Illinois. Strategically located at Exit 23 of Interstate 64, this property boasts significant visibility and accessibility, making it ideal for a wide range of commercial ventures. The site is zoned GC Commercial, allowing for diverse development possibilities. The property's location within a newly established Tax Increment Financing (TIF) district, created in 2017, offers potential tax advantages for developers. All utilities are readily available on-site, simplifying the development process. With 530 feet of frontage along I-64, this site offers unparalleled exposure to high traffic volumes. The asking price is $1,118,000, translating to $78,000 per acre. The property's parcel number (APN) is 10-07.0-200-025. The seller is willing to consider dividing the land to accommodate various development needs. This prime location in St. Clair County, with its address on Perrin Rd, zip code 62258, presents a compelling opportunity for significant return on investment. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a thriving area.

Location Insight

City

Lebanon

County

St. Clair

State

Illinois

Latitude

38.5545

Longitude

-89.7822

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