0 Hwy 162 / Edwardsville RdTroy, IL 62294

For Sale
$733,332

1.3-Acre C-2 Lot, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1.3-acre commercial lot is strategically located at the signalized intersection of Highway 162 (Edwardsville Road) and Troy Boulevard in Troy, Illinois, zip code 62294. Zoned C-2 General Commercial, this property presents a remarkable opportunity for a variety of businesses, including grocery stores, restaurants, office spaces, and retail establishments. The land is priced at $733,332, translating to $13.02 per square foot. Utilities including sewer, water, electricity, and gas are readily available along Highway 162. This parcel benefits from its high visibility and accessibility, situated just half a mile from the intersection of Interstates 55 and 70, a major thoroughfare boasting 14,600 vehicles daily. The property's location within Madison County, Illinois, offers excellent access to a substantial consumer base. While this is a single 1.3-acre parcel, it's important to note that this is part of a larger development with approximately 21.65 acres total, offering potential for expansion or synergy with neighboring businesses. This prime location and versatile zoning make this an exceptional investment opportunity.

Highlights

  • High-visibility corner lots at the lighted intersection of Highway 162 (Edwardsville Rd) and Troy Blvd.
  • 21.65-acre site.
  • C-2 General Commercial zoning.
  • Suitable for grocery, restaurant, office, and retail development.
  • Prime location, just 0.5 miles from I-55/I-70 interchange (14,600 VPD).
  • Utilities (sewer, water, electric, gas) available along Hwy 162.

Property Details for 0 Hwy 162 / Edwardsville Rd

Property type
Other land, Land
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Troy
County
Madison
State
Illinois
Latitude
38.729095
Longitude
-89.8832094
Hwy 162 / Edwardsville Rd, Troy, Illinois

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0 Hwy 162 / Edwardsville Rd
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