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    Southwoods Dr Columbia, IL 62236

    Sponsored
    For Sale
    $279,000

    Prime 1.21-acre commercial lot in Columbia, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.21-acre commercial land parcel, identified by APN 04-22-165-008-000, presents a unique development opportunity in Columbia, Illinois. Located on Southwoods Drive, this property boasts high visibility from Illinois Route 3, a major thoroughfare with an impressive 26,700 average daily traffic (ADT). The land is zoned CC3, making it suitable for a variety of commercial uses. Priced at $279,000, or $5.29 per square foot, this represents a compelling land value. This is one of the few remaining commercially zoned sites along Illinois Route 3 in Columbia, offering significant advantages for businesses seeking high visibility and accessibility. The property's size and zoning provide ample flexibility for development. To facilitate the planning process, concept plans and surveys are readily available for review. Furthermore, the possibility of acquiring additional adjacent land may exist, presenting an opportunity to expand the project scope. This property is situated in Monroe County, Illinois, with a zip code of 62236. The coordinates are 38.4366773 latitude and -90.19971243 longitude. Don't miss this chance to secure a prime commercial location in a growing area.

    Property Features for 0 Southwoods Dr

    General Information

    Property type
    Land
    Lot Size
    52,708 SF

    HighLights

    • 1.21‑acre commercial lot in Columbia, IL (APN 04‑22‑165‑008‑000), located on Southwoods Drive with high visibility from IL Route 3 (26,700 ADT).
    • CC3 zoning allows for diverse commercial uses.
    • Priced at $279,000 ($5.29/SF).
    • One of the few remaining commercially zoned sites on IL Route 3 in Columbia.
    • Concept plans and surveys available. Potential for adjacent land acquisition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbia
    County
    Monroe
    State
    Illinois
    Longitude
    -90.19971243
    Latitude
    38.4366773

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    FAQs

    What type of property is this?
    Land - Prime 1.21-acre commercial lot in Columbia, IL.
    Where is this land located?
    The property is located at Southwoods Dr Columbia, IL.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: 1.21-acre commercial lot in Columbia, IL (APN 04-22-165-008-000), located on Southwoods Drive with high visibility from IL Route 3 (26,700 ADT).; CC3 zoning allows for diverse commercial uses.; Priced at $279,000 ($5.29/SF).
    (618) 277-4400
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    Southwoods Dr Columbia, IL 62236
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    Columbia, IL 62236
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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
    Southwoods Dr Columbia, IL 62236
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