Rare 1.06-Acre Opportunity in O’Fallon with Commercial Potential! Discover the incredible potential of 716 W Highway 50, featuring 120 feet of high-visibility frontage in one of O’Fallon’s most rapidly growing corridors. This sprawling 1.06-acre property offers an unmatched canvas for a strategic development project or a long-term investment. Situated… Read More directly adjacent to Scott Credit Union and just minutes from a major interstate exit, the site benefits from an impressive daily traffic count of approximately 19,500 vehicles. While the property currently includes a 1,028 sq. ft., 2-bedroom, 1-bathroom raised ranch with a fenced backyard and storage shed, the true value lies in the expansive acreage and premier positioning. The location—with a new hotel coming soon and established professional neighbors—presents a prime opportunity for a buyer to pursue rezoning for commercial use. Located within top-rated O’Fallon District 90 and just minutes from Scott Air Force Base, major hospitals, the O'Fallon Sports Park, and shopping, this is a unique chance to secure a significant footprint in a high-demand area. This property is perfectly situated to capitalize on the region's continued future growth. Read Less
Listing courtesy of Cole Jones Group with Elevate Illinois Realty.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,028
Lot Size
0.99 Acres
Year Built
1951
MLS Number
26015459
30 Days Snapshot Of 62269
$327k
-2%
(avg) sold price
22
-12%
homes sold
57
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 1028 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Raised Ranch", Construction Materials: "See Remarks", Levels: "One", Living Area: 1028 Sq. Ft., 7 total rooms, Year Built: 1951
Cooling
Cooling: "Central Air"
Disclosures
Disclosures: "See Seller's Disclosure"
Garage
Attached Garage, Garage Included
Heating
Heating: "Forced Air"
Lot
Features: "Back Yard", Lot Size Acres: 0.99, Lot Size Square Feet: 43124.4 Sq.Ft.
Property
Property Sub Type: Single Family Residence
Sewer
"Septic Needed"
Taxes
Annual Tax Amount: 3653, Tax Year: 2024
Utilities
Electricity Available: "Ameren"
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