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400 W Highway 50 1.74 Acres of Commercial Land Offered at $1,499,000 in O'Fallon, IL 62269

Investment Highlights
- Two parcels totaling approximately 1.74 acres in a high-demand commercial corridor.
- 332 feet of frontage along West Highway 50 with traffic counts of 15,400 vehicles per day.
- Close proximity to hospitals, restaurants, and hospitality venues.
- Zoned B-1 with Phase 3 electric service available to the site.
- Located 1.5 miles from I-64 and 5.4 miles from Scott Air Force Base.
- Scheduled for demolition in Fall 2025, delivering pad-ready development opportunity.
Executive Summary
This 1.74-acre redevelopment site offers a prime opportunity in the heart of O’Fallon, Illinois, one of the fastest-growing communities in the St. Louis Metro East region. The property consists of two parcels and will be delivered as a pad-ready site following the scheduled demolition of existing structures in Fall 2025. Zoned B-1 by the City of O’Fallon, the site is well-suited for a variety of commercial uses, benefiting from strong traffic counts and excellent visibility along West Highway 50.
The location provides 332 feet of frontage on Highway 50, which sees approximately 15,400 vehicles per day, ensuring high exposure for future development. Positioned just 1.5 miles from I-64 (Exit 16) and 5.4 miles from Scott Air Force Base, the property offers convenient access to major transportation routes and a robust local economy supported by healthcare, retail, and military sectors. Nearby amenities include hospitals, restaurants, and hospitality services, making this an attractive site for retail, service, or mixed-use projects.
With a sale price of $1,499,000 for pad-ready vacant lots, this property represents a rare chance to capitalize on O’Fallon’s growth and strong market fundamentals.
The location provides 332 feet of frontage on Highway 50, which sees approximately 15,400 vehicles per day, ensuring high exposure for future development. Positioned just 1.5 miles from I-64 (Exit 16) and 5.4 miles from Scott Air Force Base, the property offers convenient access to major transportation routes and a robust local economy supported by healthcare, retail, and military sectors. Nearby amenities include hospitals, restaurants, and hospitality services, making this an attractive site for retail, service, or mixed-use projects.
With a sale price of $1,499,000 for pad-ready vacant lots, this property represents a rare chance to capitalize on O’Fallon’s growth and strong market fundamentals.
Property Facts
| Price | $1,499,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.74 AC |
| Zoning | C1 | ||
| Price | $1,499,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.74 AC |
| Zoning | C1 |
1 Lot Available
Lot
| Price | $1,499,000 | Lot Size | 1.74 AC |
| Price Per AC | $861,494.25 |
| Price | $1,499,000 |
| Price Per AC | $861,494.25 |
| Lot Size | 1.74 AC |
Description
The property consists of two parcels totaling approximately 1.74 acres located along West Highway 50 in O’Fallon, Illinois. It is zoned B-1 by the City of O’Fallon and offers 332 feet of highway frontage. The site is approximately 1.5 miles from Interstate 64 and 5.4 miles from Scott Air Force Base. Phase 3 electric service is available. Existing structures are scheduled for demolition in Fall 2025, after which the site will be pad-ready.
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $626,151 | |
| Land Assessment | $37,767 | Total Assessment | $663,918 |
Property Taxes
Parcel Numbers
Land Assessment
$37,767
Improvements Assessment
$626,151
Total Assessment
$663,918
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400 W Highway 50
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