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Property profile & analytics
OFF-MARKET
Land

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

45 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 45 ac (1,960,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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