Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    I-55 N Bluff Rd, Unit Rt 157 Collinsville, IL 62234

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-visibility land with excellent access and co-tenancy.

    Property size:
    94,387 SF
    Lot size:
    10.45 Acres

    Property Features for I-55 N Bluff Rd

    General Information

    Size
    94,387 SF
    Lot size
    10.45 Acres

    We can help!

    Listing Contact
    Jared Hancock
    Jared Hancock
    Source: Moodyscre

    Listing Agent: Jared Hancock

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

    Learn more

    Overview

    Prime Land in Collinsville, Illinois

    This commercial land offers outstanding highway visibility and prominent exposure within the regional retail hub of Collinsville, Illinois. The property benefits from excellent surrounding co-tenancy and synergy with nearby anchored retail, hotels, market drivers, athletic complexes, and travel stops. It features seamless access from the I-55/70 off-ramp into the development site, along with cross access to Ramada Boulevard and Ostle Drive. The property size is 94387 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.014774
    Latitude
    38.668416

    Nearby Similar for Lease

    • $5,000 /Mo
      5,000 SF

      Versatile Commercial Space Available

      Adaptable office space with modern finishes and customization options.
      1902 Vandalia St, Collinsville, IL 62234
      View Details
    • $600 /Mo

      Collinsville Office Space For Lease

      Approximately 1500 sq ft office space available for lease.
      101 St Louis Rd, Collinsville, IL 62234
      View Details
    • $16 SF/Yr
      13,003 SF

      Collinsville Office Space for Lease

      13,000+ SF office space available in Collinsville's Eastport District.
      1616 Eastport Plaza Dr, Collinsville, IL 62234
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space Near Rural King

      Retail space available near major retailers, restaurants, and tourist attractions.
      9525 Collinsville Rd, Collinsville, IL 62234
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Super Wal-Mart

      Retail space in power center near major highway intersection.
      1100-1146 Collinsville Crossing Blvd, Collinsville, IL
      View Details
    • $10 SF/Yr
      48,108 SF

      Collinsville Warehouse/Service Buildings For Rent

      Two 48,000 SF warehouse/service buildings available for lease.
      1001 Mcdonough Lake Rd, Collinsville, IL 62234
      View Details
    • $9 SF/Yr
      10,896 SF

      Collinsville Office Space for Lease

      Three Suites Available, Prime Location
      100 Regency Ctr, Collinsville, IL 62234
      View Details
    • $10 SF/Yr
      48,094 SF

      Collinsville Warehouse/Service Buildings For Rent

      Two 48,000 SF warehouse/service buildings available for lease.
      1003 Mcdonough Lake Rd, Collinsville, IL 62234
      View Details
    • $1,200,000
      2,095 SF

      Collinsville Retail Redevelopment Opportunity

      Freestanding retail building in St. Louis MSA with drive-thru.
      9502 Collinsville Rd, Collinsville, IL 62234
      View Details
    • $15 SF/Yr
      22,920 SF

      Keebler Crossing Retail Space

      Collinsville, IL: 1,400 SF Retail Suite Available
      1099 Belt Line Rd, Collinsville, IL 62234
      View Details
    • Contact for pricing
      28,487 SF

      Collinsville Plaza Executive Suites

      Prime Collinsville Office Space Available
      601-603 Belt Line Rd, Collinsville, IL 62234
      View Details
    • $18 SF/Yr
      18,310 SF

      Collinsville Creative Office Space

      6,223 SF Available in Class A Building
      1606 Eastport Plaza Dr, Collinsville, IL 62234
      View Details

    FAQs

    What type of property is this?
    Land - High-visibility land with excellent access and co-tenancy.
    Where is this land located?
    The property is located at I-55 N Bluff Rd, Unit Rt 157 Collinsville, IL.
    What are key features of this property?
    This property features: - Outstanding Highway Visibility and ‘Front Seat’ exposure; - Seamless access from I-55/70 off ramp; - Excellent surrounding Co-Tenancy and Synergy with nearby Anchored Retail
    (314) 623-6419
    Request Owner's contact information
    I-55 N Bluff Rd, Unit Rt 157 Collinsville, IL 62234
    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.
    I-55 N Bluff Rd, Unit Rt 157
    Collinsville, IL 62234
    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
    I-55 N Bluff Rd, Unit Rt 157 Collinsville, IL 62234
    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

    We can help!
    Listing Contact
    Jared Hancock
    Jared Hancock
    (314) 623-6419
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.