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    1830 Vandalia St Collinsville, IL 62234

    Sponsored
    For Sale
    $149,000

    1.29-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.29-acre commercial land parcel, located at 1830 Vandalia St, Collinsville, IL 62234 (APN 13-2-21-27-10-103-049), presents a unique development opportunity. Zoned BP-2 Business Park District, this property boasts excellent visibility and accessibility, fronting the newly improved IL-159 (Vandalia Street), which sees 19,600 vehicles daily. Its strategic location offers proximity to key community anchors, including Son-Life Church, Dorris Intermediate School, and a VFW Post, with numerous other amenities within minutes. The asking price is $149,000, translating to $115,504 per acre. This prime location, combined with its high traffic count and convenient access to local services, makes this property ideal for a variety of commercial ventures. The lot size provides ample space for development, and the Business Park zoning allows for a range of potential uses. Serious inquiries are encouraged to explore this exceptional investment opportunity.

    Property Features for 1830 Vandalia St

    General Information

    Property type
    Land
    Lot Size
    56,192 SF

    HighLights

    • 1.29‑acre commercial lot zoned BP‑2 Business Park District.
    • Excellent visibility and accessibility on newly improved IL‑159 (Vandalia Street), with 19,600 VPD.
    • Adjacent to school, church, and VFW post.
    • Minutes from numerous amenities.
    • $149,000 asking price; $115,504 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9767315
    Latitude
    38.6824777

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    FAQs

    What type of property is this?
    Land - 1.29-acre commercial lot, high traffic area.
    Where is this land located?
    The property is located at 1830 Vandalia St Collinsville, IL.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 1.29-acre commercial lot zoned BP-2 Business Park District.; Excellent visibility and accessibility on newly improved IL-159 (Vandalia Street), with 19,600 VPD.; Adjacent to school, church, and VFW post.
    Request Owner's contact information
    1830 Vandalia St 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
    1830 Vandalia St Collinsville, IL 62234
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