Godfrey HWY Commercial
18.16+/- Acres - Commercial Property Prime for Development
Marketing description
*Price Reduced Below Appraised Value*
Appraised value: $1,645,000 (Available in Property Documents Section of listing)
Located at the intersection of Godfrey Road and HWY 255, this 18 +/- ac commercial property is prime for development. The land lies flat and has direct access from Godfrey Road. The property was previously home to a big box store. This location is one of the most densely utilized portions of Madison County. The current zoning is B-5 "Planned Business District" and is located within a Godfrey TIF district and Enterprise Zone. Per the city code, "The B-5 planned business district is designed to provide for maximum commercial site design and utilization in areas favorable for commercial growth." All public utilities are available.
Investment highlights
- Survey to determine final acreage. Owner will divide.
- TIF and Enterprise Zone.
- Access via Godfrey Road
- Situated along a main retail corridor with HWY frontage
- Click to view the interactive brochure
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