I-255 At Mcdonough Lk Rd Collinsville, IL 62234
- Land
- 96.00 lot acres
Current Use by Public Records
- Land
Property Details for I-255 At Mcdonough Lk Rd
- Lot size
- 96.00 lot acres
- Property type
- Land
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Collinsville
- County
- Madison
- State
- Illinois
- Longitude
- -90.0308
- Latitude
- 38.6909
