2910 Fosterburg RdAlton, IL 62002

  • Commercial land
  • 1.29 AC
For Sale
$200,000 View listing

Property Details for 2910 Fosterburg Rd

Lot size
1.29 AC
Property type
Commercial land
APN
23-2-08-04-09-101-004
APU
232080409101004

Description

This exceptional 1.18-acre commercial lot presents a unique investment opportunity in Alton, Illinois. Strategically located near the intersection of I-255 and Illinois Route 140, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The lot has already undergone a completed Phase 1 environmental assessment, ensuring a smooth development process. All essential public utilities are readily available in the immediate vicinity. The property is situated within the Alton city limits and is conveniently surveyed, eliminating the need for costly pre-development surveying. Its current zoning allows for flexibility

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,229,842
    Hospitality
    $15,782,443
    Educational
    $13,130,807
    Medical
    $13,582,396
    Retail
    $20,425,700

Location Insight

City
Alton
County
Madison
State
Illinois
Latitude
38.9163
Longitude
-90.1156
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$478
$5,450
-
$5,450
-
$16,366
-
$16,366

FAQs

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