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    705 Blf Rd Hwy 157 Collinsville, IL 62234

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    For Sale
    Contact for pricing

    Prime Retail Lots, I-55/70 Corridor

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity in Collinsville, Illinois. Located at 705 Bluff Road (Highway 157), this property boasts a highly desirable location north of Eastport Plaza and enjoys excellent visibility due to its 228-foot frontage along a major thoroughfare. The site encompasses multiple lots ranging from 1 to 5 acres, providing flexibility for various development scenarios. The property is zoned HP-1 (Hospitality Park District), making it ideal for a range of commercial uses. The seller is open to offering ground leases or build-to-suit options, catering to diverse investor needs and preferences. Utilities are conveniently located on-site, and the land will be filled to grade prior to sale, simplifying the development process. This strategic location benefits from its proximity to the I-55/I-70 interchange, ensuring high traffic volume and easy access for customers and employees. Furthermore, the property's location within a proposed Enterprise Zone may offer additional economic incentives. This is a rare chance to acquire prime commercial land in a thriving area with significant development potential. Contact us today to learn more about this exceptional opportunity.

    Property Features for 705 Blf Rd Hwy 157

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Ground lease or build‑to‑suit options available.
    • 1‑5 acre lots available.
    • Excellent location near I‑55/I‑70 interchange, north of Eastport Plaza.
    • 228 feet of frontage on Bluff Road (Highway 157).
    • HP‑1 (Hospitality Park District) zoning.
    • Site will be graded.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.0104585
    Latitude
    38.6847992

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    FAQs

    What type of property is this?
    Land - Prime Retail Lots, I-55/70 Corridor
    Where is this land located?
    The property is located at 705 Blf Rd Hwy 157 Collinsville, IL.
    What are key features of this property?
    This property features: Ground lease or build-to-suit options available.; 1-5 acre lots available.; Excellent location near I-55/I-70 interchange, north of Eastport Plaza.
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    Collinsville, IL 62234
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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
    705 Blf Rd Hwy 157 Collinsville, IL 62234
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