Homer M. Adams Parkway
Homer M. Adams Parkway & Seminary Street
Alton, IL 62002
https://thebrokerlist.com/have/homer-m-adams-parkway-96532
FOR SALE
Property Type:
Other Land
Last Verified:
Jan 03, 2021
Description
Vacant commercial land parcel of approximately 1.6 acres located at Homer M. Adams Parkway and Seminary Street. The site is located adjacent to Schnucks and Kmart with excellent visibility and access off of Homer M. Adams Parkway. The site would be ideal for a retail / office use.
Vacant commercial land parcel along Homer M. Adams Parkway, the primary thoroughfare in Alton, IL. Homer Adams Parkway has approximately 27,100 cars passing in front of the site daily. Besides being adjacent to Schnucks Grocery and Kmart, the site is in close proximity to Alton Square Mall anchored by Macy's and JCPenny's. Other retailers in close proximity are Target, Kohl's, Lowe's and Home Depot.
Lot Size: 1.6 acres
Map of Homer M. Adams Parkway & Seminary Street, Alton, IL, 62002
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.
