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    I-255 At Mcdonough Lk Rd Collinsville, IL

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    For Sale
    $2,400,000

    96-acre commercial site with frontage on I-255 in Collinsville, IL.

    Lot size:
    96.00 Acres

    Property Features for I-255 At Mcdonough Lk Rd

    General Information

    Lot size
    96.00 Acres

    Source: BARBERMurphy Agent Wayne Barber, Jr., SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    96 Acre Commercial Development Site

    This 96-acre commercial development site features 1,200 feet of frontage on I-255, with a daily traffic count of 48,800. The site offers convenient access to I-255 at exit 26 and I-55/70 at exit 11. All utilities are available to the property. The location is near various national retail services, restaurants, and hospitality options. An adjacent 107-acre site to the south is also available. The City has proposed a Fournie Lane extension to the site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9845476
    Latitude
    38.6703266

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    FAQs

    What type of property is this?
    Commercial land - 96-acre commercial site with frontage on I-255 in Collinsville, IL.
    Where is this commercial land located?
    The property is located at I-255 At Mcdonough Lk Rd Collinsville, IL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - 96 Acre commercial development site with **1,200 Ft. frontage on I-255.**; - High traffic count: 48,800 daily.; - Easy access to I-255 and I-55/70.
    (618) 593-4000
    Request Owner's contact information
    I-255 At Mcdonough Lk Rd Collinsville, IL
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    Realmo Value Estimation

    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.

    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.

    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
    I-255 At Mcdonough Lk Rd Collinsville, IL
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