Technical
Financial
Distress signals
Property profile

0 Mulberry St Collinsville, IL 62234

OFF-MARKET
Land
5.93 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 5.93 ac (258,311 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mulberry St Collinsville, IL 62234
Collinsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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