Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    2007 Belt Line Collinsville, IL 62234

    View on Map
    Claim this Listing
    For Sale
    $340,000

    Farm - Collinsville, IL

    Type:Farm
    Lot size:
    12.22 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    52
    Last Refresh:
    May 6 at 11:06 pm

    Property Features for 2007 Belt Line

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    APN
    13-1-21-20-04-401-007
    Lot size
    12.22 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    2261

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tammy Owens

    Listing agent Tammy Owens License #471000814

    Listing office RE/MAX Alliance 1099 Belt Line Rd, Suite M, Collinsville, IL

    Listing date Mar 16, 2026

    MLS# 25012014 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High visibility location ideal for commercial business
    • 12.22 acres of land
    • Easy access to Interstate 55
    • Visibility from Belt Line
    • Visibility from State Route 157
    • Affordable price

    Overview

    Collinsville Commercial Land For Sale

    This 12.22-acre property offers high traffic visibility and easy access from Interstate 55, Belt Line, and State Route 157. Located in Collinsville, Illinois, this commercial land is suitable for various commercial business ventures. The property is priced for a quick sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Victory Bible Baptist ... Church

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.005602
    Latitude
    38.688723

    Nearby Similar for Sale

    • $149,900
      977 SF

      Collinsville Office with High Visibility

      Standalone office building on a high-traffic commercial street.
      1278 Vandalia Street, Collinsville, IL 62234
      View Details
    • $450,000
      3,000 SF

      Collinsville Fourplex with Single Family House

      Fourplex and single-family house investment opportunity in Collinsville, Illinois.
      901 W Main Street, Collinsville, IL 62234
      View Details
    • $140,000
      2,671 SF

      Collinsville Office Building For Sale

      High-visibility office building on heavily traveled State Highway 159.
      1518 Vandalia Street, Collinsville, IL 62234
      View Details
    • $39,900

      Collinsville Land in Uptown District

      Two level building lots in Uptown Collinsville District.
      121 Seminary, Collinsville, IL 62234
      View Details
    • $90,000

      Residential Land in Collinsville, IL

      2+ acre residential land opportunity in Collinsville, Illinois.
      0 Mabry, Collinsville, IL 62234
      View Details
    • $45,000

      Residential Land in Collinsville, IL

      Residential land available in Collinsville, Illinois.
      0 Hillcreek Road, Collinsville, IL 62234
      View Details
    • $42,500

      Collinsville Land Investment Opportunity

      Corner lot in Collinsville, Illinois, with R3 zoning.
      119 N Hesperia Street, Collinsville, IL 62234
      View Details
    • Contact for pricing

      Collinsville Hotel Opportunity Near St. Louis

      Hotel in major Midwest transportation hub near St. Louis.
      4 Gateway Dr, Collinsville, IL 62234
      View Details
    • $575,000
      8,400 SF

      Remodeled Retail Facility on IL-159

      8,400 SF remodeled retail facility for sale on IL-159.
      2229 Vandalia St, Collinsville, IL
      View Details
    • $325,000

      2.81 Acre Site in Collinsville

      2.81 acre commercial land for sale in Collinsville, IL.
      0 Horseshoe Lake Rd, Collinsville, IL
      View Details
    • $8,000

      Residential Lots in Established Neighborhood

      Affordable building lots near downtown Collinsville for new homes.
      Lot 38 Jefferson Avenue, Collinsville, IL 62234
      View Details
    • $8,000

      Residential Lots Near Downtown Collinsville

      Affordable building lots for new homes in established neighborhood.
      Lot 36 Jefferson Avenue, Collinsville, IL 62234
      View Details

    FAQs

    What type of property is this?
    Farm - 12.22 acres with high visibility and easy interstate access.
    Where is this farm located?
    The property is located at 2007 Belt Line Collinsville, IL.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: High visibility location ideal for commercial business; 12.22 acres of land; Easy access to Interstate 55
    (618) 581-8729
    We can help!
    Listing Contact
    Tammy Owens
    Real Estate License ID: 471000814
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2007 Belt Line, Collinsville, IL 62234
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!