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    Lemen Settlement & Witte Rd & Heck Rd Collinsville, IL 62234

    Sponsored
    For Sale
    Contact for pricing

    Prime IL development sites, utilities nearby.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional residential development opportunity in Collinsville, Illinois, featuring three distinct parcels of land available for purchase. These sites, located near the intersection of Lemen Settlement Road, Witte Road, and Heck Road (zip code 62234), offer a unique blend of agricultural and residential zoning potential. The parcels range in size from 45 acres to 74 acres, providing flexibility for various development plans. The 45-acre and 74-acre sites boast attractive tree lines, adding to their natural appeal. Crucially, water, gas, and electric utilities are readily accessible, located at or very near the property boundaries. The potential for subdivision is a significant advantage, allowing for the creation of multiple residential lots. Pricing varies by parcel size: the 45-acre and 74-acre sites are priced at $28,500 per acre, while the 66-acre site is offered at $22,000 per acre. This prime location in St. Clair County presents a compelling investment opportunity for developers seeking to capitalize on the growing demand for residential properties in the area. The multiple APN numbers reflect the individual parcels. This is an excellent chance to acquire a substantial land holding with significant development potential. Contact us today to learn more about these exceptional properties.

    Property Features for 0 Lemen Settlement & Witte Rd & Heck Rd

    General Information

    Property type
    Farms
    Lot Size
    1,960,200 SF

    HighLights

    • Excellent residential development opportunity in Collinsville, IL.
    • Three parcels available: 45 acres, 66 acres, and 74 acres.
    • 45 and 74 acre sites feature tree lines.
    • Utilities (water, gas, electric) available at or near the sites; subdivision potential.
    • 45 and 74 acre sites: $28,500/acre.
    • 66 acre site: $22,000/acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collinsville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.924963
    Latitude
    38.6565411

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    FAQs

    What type of property is this?
    Farm - Prime IL development sites, utilities nearby.
    Where is this farm located?
    The property is located at Lemen Settlement & Witte Rd & Heck Rd Collinsville, IL.
    What are key features of this property?
    This property features: Excellent residential development opportunity in Collinsville, IL.; Three parcels available: 45 acres, 66 acres, and 74 acres.; 45 and 74 acre sites feature tree lines.
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    Lemen Settlement & Witte Rd & Heck Rd 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
    Lemen Settlement & Witte Rd & Heck Rd Collinsville, IL 62234
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