2 Richard Mark Way Collinsville, IL 62234
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 2 Richard Mark Way
- Property size
- 9,750 SF
- Property type
- Office Spaces
- Property subtype
- Land
Description
This exceptional commercial property, located at 2 Richard Mark Way in Collinsville, Illinois, presents a lucrative investment opportunity. The 9,750 square foot, all-brick office building enjoys a highly visible location on a frontage road directly off Interstate 55, ensuring significant daily exposure to thousands of vehicles. Its strategic position offers easy access to a wealth of amenities, including numerous restaurants, shopping centers, and hotels, as well as convenient proximity to St. Louis. The building itself features a well-maintained interior, including an executive office and a conference room, each equipped with its own kitchenette. Ample space is available for various uses, complemented by a large parking lot providing 74 parking spaces. Currently operating under a triple net lease, the property offers a secure income stream extending through the end of 2025. The property's prime location, combined with its attractive features and existing lease, makes it an ideal investment for discerning buyers seeking a high-return, low-maintenance asset in a thriving market. The asking price is $1,890,000. The property is situated in Madison County, Illinois, zip code 62234.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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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
- -90.0171
- Latitude
- 38.678
