5 Apex DrHighland, IL 62249

  • Commercial real estate
  • 3,137 SF
For Sale
$129,900 View listing

Property Details for 5 Apex Dr

Year built
2021
Lot size
0.37 AC
Property size (Sq ft)
3,137 SF
Property type
Commercial real estate
APN
02-2-18-32-02-202-025
APU
22183202202025

Description

This exceptional 0.49-acre commercial land parcel, identified by APN 02-2-18-32-02-202-025/028/029, presents a unique investment opportunity in Highland, Illinois. Located at 5 Apex & 20-25 Apex Drive, zip code 62249 (latitude 38.7513833, longitude -89.6728761), this property is zoned C-3 Hwy Business, allowing for a wide range of commercial development possibilities. The site's size offers ample space for various projects. While the marketing materials mention a nearby newly constructed 1,855 square foot office space and signage opportunities within the Apex Professional Park, this listing specifically pertains to the sale of the 0.49-acre land parcel itself. The asking price for this strategically located Highland property is $129,900. This represents a compelling opportunity to acquire land in a thriving commercial area with excellent visibility and potential for significant return on investment. The property's location provides easy access to major transportation routes, enhancing its appeal to a broad spectrum of potential commercial ventures. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. All information is deemed reliable but not guaranteed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $876,386
    Hospitality
    $802,764
    Educational
    $667,891
    Medical
    $690,860
    Retail
    $1,038,941
5 Apex Dr, Highland, Illinois

Location Insight

City
Highland
County
Madison
State
Illinois
Latitude
38.7503
Longitude
-89.6734
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
$12,114
$26,260
$133,160
$159,420
-
$78,859
$399,880
$478,739

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