0 Mulberry St Collinsville, IL 62234
This exceptional 5.93-acre commercial land parcel presents a remarkable development opportunity in Collinsville, Illinois. Located off Lebanon Road, just half a mile from Highway 159, this property boasts convenient access to major transportation routes. The site is zoned RF and offers significant potential for various commercial ventures. Its proximity to established industrial warehousing further enhances its appeal and value. The open ground is ready for development, providing a blank canvas for ambitious projects. The asking price is $160,000, translating to approximately $26,981.45 per acre. The property's address is Mulberry Street, Collinsville, IL 62234, with the APN 13-1-21-27-20-401-017. This prime location in Madison County offers a unique chance to capitalize on the growing commercial landscape of the area. The expansive acreage allows for substantial development, making it an ideal investment for developers seeking a strategic foothold in a thriving market. Don't miss this opportunity to acquire a significant piece of Collinsville's commercial future. Serious inquiries are encouraged.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.