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    960 St Louis Rd Collinsville, IL 62234

    Sponsored
    For Sale
    $69,000

    Prime .25-acre lot, ideal for various uses.

    Property size:
    377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This vacant, 0.25-acre property at 960 Saint Louis Road in Collinsville, Illinois, presents a unique investment opportunity. The site, zoned B-4, boasts 377 square feet of office space with 10-foot ceilings and a functional bathroom. Previously used as an auto sales lot, this location offers high visibility with 117 feet of frontage on Saint Louis Road, experiencing an average daily traffic count of 5,100 vehicles. The property includes 25 parking spaces and is conveniently situated just one mile from Collinsville Middle School and two miles from downtown Collinsville, FanDuel Sportsbook, and a horse racing track. The existing 377-square-foot building offers potential for immediate use or could be easily repurposed. The asking price is $69,000, translating to $209.55 per square foot. The property's 9,583-square-foot lot provides ample space for a variety of commercial ventures, including, but not limited to, an auto sales lot, rental lot, or a drive-thru establishment such as a coffee shop or ice cream parlor. The property's single-story building was renovated in 1999. The APN is 13-1-21-32-20-402-003 and the zip code is 62234.

    Property Features for 960 St Louis Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    377 SF
    Lot Size
    10,890 SF

    Building Details

    Year Renovated
    1999
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.007539
    Latitude
    38.6585592

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    FAQs

    What type of property is this?
    Individual retail property - Prime .25-acre lot, ideal for various uses.
    Where is this individual retail property located?
    The property is located at 960 St Louis Rd Collinsville, IL.
    What is the asking price?
    The asking price for this property is $69,000.
    Request Owner's contact information
    960 St Louis Rd Collinsville, IL 62234
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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
    960 St Louis Rd Collinsville, IL 62234
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