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    204-206 Bluff Rd Collinsville, IL 62234

    For Sale
    $398,000

    3-Acre Site, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3.03-acre commercial land parcel presents a remarkable investment opportunity in the thriving Collinsville, Illinois market. Located at 204-206 North Bluff Road, this B-3 zoned property boasts a highly desirable location just south of Collinsville Crossing and directly across from major retailers Walmart and Home Depot, ensuring high visibility and accessibility. The site offers 458 feet of frontage on Route 157, a road with an average daily traffic count of 18,400 vehicles, guaranteeing significant exposure for any commercial development. Convenient access to Interstate 55/70 via Exit 11 further enhances its strategic appeal. All utilities are readily available on-site, simplifying development plans. Adding to its attractiveness, this property is situated within a Tax Increment Financing (TIF) district, potentially offering significant financial advantages. The property's APN numbers are 13-2-21-32-06-103-013 and 13-2-21-32-07-002-001. This prime location and advantageous features make this 3-acre site an ideal platform for a wide range of commercial ventures. The asking price for this exceptional opportunity is $398,000.

    Property Features for 204-206 Bluff Rd

    General Information

    Property type
    Land
    Lot Size
    131,987 SF

    HighLights

    • 3.03‑acre commercial land parcel in Collinsville, IL.
    • Located at 204‑206 North Bluff Road, across from Walmart and Home Depot.
    • 458 feet of frontage on Route 157 (18,400 ADT).
    • Convenient access to I‑55/70 (Exit 11).
    • All utilities available; B‑3 zoning; located in a TIF district.
    • Asking price: $398,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.0133255
    Latitude
    38.6724871

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    FAQs

    What type of property is this?
    Land - 3-Acre Site, High Traffic Area
    Where is this land located?
    The property is located at 204-206 Bluff Rd Collinsville, IL.
    What is the asking price?
    The asking price for this property is $398,000.
    What are key features of this property?
    This property features: 3.03-acre commercial land parcel in Collinsville, IL.; Located at 204-206 North Bluff Road, across from Walmart and Home Depot.; 458 feet of frontage on Route 157 (18,400 ADT).
    Request Owner's contact information
    204-206 Bluff 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
    204-206 Bluff Rd Collinsville, IL 62234
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