Excellent 8-acre development tract located at the highly visible corner of Conway Avenue and Mile 4 Road in the rapidly growing City of Alton. The property features a site plan approved for multifamily development with partial FEMA approval, providing developers with a valuable head start. The commercial frontage along Conway Avenue is being sold separately as two individual commercial lots, allowing this offering to focus on the multifamily development opportunity behind the commercial corridor. Surrounded by new residential and commercial developments, the property benefits from high traffic counts, expanding infrastructure, and strong population growth. Its prime location offers convenient access to schools, shopping, restaurants, and major roadways, making it an excellent opportunity for apartments, townhomes, or other multifamily projects.