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618-277-4400

+/-4.86 Acre Development Site - Divisible

$1,215,000

Listing Resources

Listing Description

The offering consists of approximately 4.86 acres of development land comprising two parcels. Parcel 06-26-377-005 contains 2.00 acres and Parcel 06-26-377-008 contains 2.86 acres; the two parcels are contiguous and can be acquired together or individually, providing flexibility for single-tenant pad development or multi-use. The land is positioned directly along the Interstate 64 frontage road with approximately 434′ linear feet of combined interstate I-64 & I-57 frontage, offering maximum visibility to the nearly 49,000 vehicles that pass daily. The site is generally level and benefits from available public utilities in the corridor and on site. Access is provided via the N. 44th Street interchange, with frontage road supporting ingress and egress for commercial users. The parcels represent among the last available development-ready interstate-fronting sites within this established corridor, with surrounding land in the area largely improved or encumbered.

The 4.86 Acres is located at the interchange of Interstate 64 and 44th Street (Illinois Route 37) in Mount Vernon, Illinois, the county seat of Jefferson County in Southern Illinois. Mount Vernon functions as the primary commercial, retail, and services hub for a multi-county trade area that encompasses Jefferson, Hamilton, Wayne, and portions of adjacent counties. The city is situated approximately 65 miles east of St. Louis, Missouri, placing it within reach of one of the Midwest’s largest metropolitan markets, and is connected to the national interstate network via the intersection of I-64 (east-west) and I-57 (north-south), both of which pass directly through the community. The subject property’s location along the I-64 / 44th Street interchange corridor places it within a commercially active areas in Southern Illinois. The immediate trade area includes national hotel flags, regional retail, healthcare facilities, and service businesses that draw customers from across Jefferson County and neighboring markets. Combined vehicular traffic in the corridor is reported at 48,950 vehicles per day, reflecting sustained regional activity along the interstate and local arterial.

Sale Price: $1,215,000

Listing Details

Listing No : 3252
Sale Or Lease : For Sale
Property Type(s) : Land - Commercial
Lot Size (Acres) : 4.86 Acre(s)
Min Acres Available : 2 Acre(s)
Max Acres Available : 4.86 Acre(s)
Sale Price : $1,215,000
Sale Price Per Sqft : $5.74
Sale Price Per Acre : $250,000
Parcel No : 06-26-377-005 & 06-26-377-008
Zoning : B-2
Tax Year : 2024
Traffic Count : 48,950
Topography : Rolling
DivisibleYes
Total Acres Available : 4.86 Acre(s)
Min Divisible Acres : 2 Acre(s)
Frontage : 434 ft
Depth : 430 ft
Water Provider : City
Water Provider Location : On Site
Sewer Provider : City
Sewer Provider Location : On Site
Gas Provider : Ameren
Gas Provider Location : On Site
Electric Provider : Ameren
Electric Provider Location : On Site

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