702 Highway 50O'Fallon, IL 62269

For Sale
$347,303

1.34-acre development site, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1.34-acre commercial land parcel presents a prime development opportunity in O'Fallon, Illinois. Located at 702 West Hwy 50, this high-visibility site boasts 151 feet of frontage on a major thoroughfare, experiencing a high average daily traffic count of 14,900 vehicles. The property is zoned for Office District 1 and SR-2, offering flexibility for a variety of commercial developments. Its strategic location near a high-growth intersection ensures excellent accessibility and exposure. All utilities are conveniently located on-site, simplifying the development process. The land is priced competitively at $347,303, translating to $5.95 per square foot. This represents a significant value proposition for developers seeking a well-situated parcel in a thriving market. The property's APN is 04-30.0-300-015

Highlights

  • 1.34-acre development site for sale, 151' of frontage on West Hwy 50.
  • High-visibility location near a high-growth intersection with 14,900 ADT.
  • Office District 1 and SR-2 zoning; all utilities available.
  • Reduced price: $347,303 ($5.95/SF).

Property Details for 702 Highway 50

Property type
Other land, Land
Lot Size (sq. ft)
58,370 SF

Location Insight

City
O'Fallon
County
St Clair
State
Illinois
Latitude
38.5889602
Longitude
-89.9241015
702 Highway 50, O'Fallon, Illinois

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702 Highway 50
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