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    1100 Belt Line Rd Collinsville, IL 62234

    Sponsored
    For Sale
    $550,000

    3-Acre Commercial Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3-acre commercial development site in Collinsville, Illinois, presents a compelling investment opportunity. Located at 1100 Belt Line Road (APN 13-1-21-21-20-401-001.001), this property boasts 310 feet of frontage on a high-traffic road with an average daily traffic count exceeding 17,000 vehicles. The site is zoned R-1 and offers significant potential for retail or office development. Its strategic location within a thriving retail corridor places it in close proximity to established businesses such as Kohl's, Schnuck's Lakeside Plaza, Sears, and the new Walmart Neighborhood Market, ensuring high visibility and accessibility. The asking price is $550,000, translating to $200,000 per acre, reflecting the land's prime location and development potential. This property is ideal for developers seeking a high-impact location with strong existing infrastructure and significant foot and vehicle traffic. The property's size and visibility make it an excellent candidate for a variety of commercial uses, offering a unique opportunity to capitalize on the area's robust economic activity and growing population. Serious inquiries are encouraged.

    Property Features for 1100 Belt Line Rd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre development site available.
    • 310 feet of Belt Line Road frontage, 17,400 average daily traffic.
    • Excellent retail location near Kohl's, Schnucks, and a new Walmart Neighborhood Market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Scott Credit Union Credit Union

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -89.9866651
    Latitude
    38.6904111

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    FAQs

    What type of property is this?
    Land - 3-Acre Commercial Land, High Traffic Area
    Where is this land located?
    The property is located at 1100 Belt Line Rd Collinsville, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 3-acre development site available.; 310 feet of Belt Line Road frontage, 17,400 average daily traffic.; Excellent retail location near Kohl's, Schnucks, and a new Walmart Neighborhood Market.
    Request Owner's contact information
    1100 Belt Line 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
    1100 Belt Line Rd Collinsville, IL 62234
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