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    OFF-MARKET
    Land

    204-206 Bluff Rd, Collinsville, IL 62234

    3.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.03-acre commercial land parcel presents a remarkable investment opportunity in the thriving Collinsville, Illinois market. Located at 204-206 North Bluff Road, this B-3 zoned property boasts a highly desirable location just south of Collinsville Crossing and directly across from major retailers Walmart and Home Depot, ensuring high visibility and accessibility. The site offers 458 feet of frontage on Route 157, a road with an average daily traffic count of 18,400 vehicles, guaranteeing significant exposure for any commercial development. Convenient access to Interstate 55/70 via Exit 11 further enhances its strategic appeal. All utilities are readily available on-site, simplifying development plans. Adding to its attractiveness, this property is situated within a Tax Increment Financing (TIF) district, potentially offering significant financial advantages. The property's APN numbers are 13-2-21-32-06-103-013 and 13-2-21-32-07-002-001. This prime location and advantageous features make this 3-acre site an ideal platform for a wide range of commercial ventures. The asking price for this exceptional opportunity is $398,000.

    Property profile
    Verified
    Property type Land
    Lot 3.03 ac (131,987 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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