18 Ashland Ave, Collinsville, IL 62234
This exceptional 0.48-acre commercial land parcel, located at 18 Ashland Ave, Collinsville, IL 62234 (APN 03-34.0-100-079), presents a unique development opportunity. Zoned B-1, this property boasts a strategic location just off bustling North Illinois St, experiencing daily traffic exceeding 25,000 vehicles. Its prime position directly behind Krispy Kreme and near other established businesses such as Fazoli's, Scooter's Coffee, Panera Bread, and Dunkin' Donuts, ensures high visibility and accessibility. The land is priced at $35,000, translating to $2.63 per square foot. This represents a compelling investment opportunity in a thriving commercial area of St. Clair County, Illinois. The property's high traffic count and proximity to successful businesses make it ideal for a variety of commercial developments. Serious inquiries are encouraged to explore the potential of this exceptional site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.