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653 Carlyle Ave
Belleville, IL 62221

Price Upon Request

Land For Sale  •  6.75 AC

Property Details

  • Property Type Land
  • Lot Size 6.75 AC
  • Zoning C2
30 Transit Score
40 Walk Score

Highlights

Extremely strong occupancy of 96%, despite mom-and-pop ownership and management
Rental Rates are 20%+ below market, presenting immediate revenue upside upon acquisition
Upside in Economic Occupancy as well, as it lags 21% behind square footage occupancy
Room for expansion in the parking lot of the Belleville location
Affluent sub-markets both with over $90k in average household income in a 3-mile radius
Strong historical occupancy of 90%+ leading to multiple expansions over the years

Public Transportation

Commuter RailDriveWalkDistance
Belleville (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) 4 min - 1.4 mi
College (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) 5 min - 2.3 mi
AirportDriveWalkDistance
Scott AFB/Midamerica St Louis 19 min - 9.4 mi
St Louis Lambert International 46 min - 31.1 mi
Campbell Watkins 678-735-1386 Matthews Real Estate Investment Services
Campbell Watkins 678-735-1386 Matthews Real Estate Investment Services