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    Executive Dr Collinsville, IL 62234

    Sponsored
    For Sale
    $226,740

    Prime 2.66-acre site, ideal for development. Utilities available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.66-acre commercial land parcel presents a unique opportunity for immediate development. Located in Collinsville, Illinois, this pad-ready site boasts convenient access to major transportation arteries, including Interstate 55/70 and Interstate 255, situated just one mile away. All utilities are readily available on-site, eliminating significant infrastructure hurdles and accelerating the development process. The property is zoned BP-1, offering flexibility for a variety of commercial uses. The land is priced competitively at $2 per square foot, totaling $226,740. The parcel's APN is 13-2-21-29-03-303-005. This prime location and readily available infrastructure make this an attractive investment for businesses seeking a strategic location in the thriving Collinsville market. Its proximity to major interstates ensures excellent accessibility for employees, customers, and supply chains. Don't miss this chance to acquire a ready-to-build commercial site in a high-demand area. The property is situated on Executive Drive, Collinsville, IL 62234, within Madison County.

    Property Features for 0 Executive Dr

    General Information

    Property type
    Land
    Lot Size
    115,870 SF

    HighLights

    • 2.66‑acre pad‑ready site.
    • All utilities available on‑site.
    • BP‑1 zoning.
    • Excellent location with convenient access to I‑55/70 and I‑255.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9720133
    Latitude
    38.6844314

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    FAQs

    What type of property is this?
    Land - Prime 2.66-acre site, ideal for development. Utilities available.
    Where is this land located?
    The property is located at Executive Dr Collinsville, IL.
    What is the asking price?
    The asking price for this property is $226,740.
    What are key features of this property?
    This property features: 2.66-acre pad-ready site.; All utilities available on-site.; BP-1 zoning.
    Request Owner's contact information
    Executive Dr 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
    Executive Dr Collinsville, IL 62234
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