4.87 Acre Pad Ready Commercial Development Site for Sale | Fairview Heights, IL (St. Louis MSA - Metro East - BARBERMURPHY World)

Frank Scott Pkwy and IL-159 Fairview Heights, IL 62208

Frank Scott Pkwy and IL-159, Fairview Heights, IL, 62208
Frank Scott Pkwy and IL-159, Fairview Heights, IL, 62208
Property Type:
Commercial Land Development
Please Call Broker for Price

Last Verified:
Mar 15, 2019

4.87 Acre Pad Ready Commercial Development Site. 400′ of frontage on Frank Scott Parkway with 13,000 ADT. Located in a Strong Retail Corridor, Adjacent to Target. All Utilities on Site with extensive site improvements already completed.

Reduced Sale Price: $150,000 per Acre

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Map of Frank Scott Pkwy and IL-159, Fairview Heights, IL, 62208

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.