204-206 Bluff Rd, Collinsville, IL 62234
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.