Technical
Financial
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Property profile

I-255 At Mcdonough Lk Rd Collinsville, IL 62234

OFF-MARKET
Land
96 ac lot
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Property summary

AI-generated overview

This exceptional 96-acre commercial development site presents a unique investment opportunity in Collinsville, Illinois. Strategically located at the intersection of I-255 and McDonough Lake Road, this flat, tillable land boasts 1,200 feet of frontage along I-255, experiencing a high daily traffic count of 48,800 vehicles. The property is zoned R1 and features easy access to I-255 at Exit 26 and I-55/70 at Exit 11, ensuring excellent visibility and convenient access for businesses. All utilities are readily available, simplifying development plans. The site's proximity to numerous national retail services, restaurants, and hospitality establishments further enhances its appeal. The City of Collinsville is proposing an extension of Fournie Lane to the site, improving accessibility. This expansive parcel is offered at $2,400,000, or $25,000 per acre. The property's APN is 13-1-21-19-00-000-006

Property profile

Verified
Property type Land
Lot 96 ac (4,181,760 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-255 At Mcdonough Lk Rd Collinsville, IL 62234
Collinsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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