Quadrant Of Lemen Settlement Rd Collinsville, IL 62234
- Land
- 119.94 lot acres
Current Use by Public Records
- Land
Property Details for 0 Quadrant Of Lemen Settlement Rd
- Lot size
- 119.94 lot acres
- Property type
- Land
Description
This exceptional 119.94-acre development site presents a remarkable opportunity for residential construction in Collinsville, Illinois. Located in the N.W. quadrant of Lemen Settlement Road, this property boasts convenient access and existing infrastructure. The land is currently zoned for agricultural use, offering significant potential for rezoning and subdivision. The site is comprised of two parcels, one approximately 74 acres and the other approximately 45 acres, with an additional 66 acres potentially available. This presents flexibility for developers seeking various project scales. Utilities, including water, gas, and electricity, are readily available at the site, streamlining the development process and reducing initial infrastructure costs. The property's expansive size and strategic location make it ideal for a large-scale residential development project, catering to the growing demand for housing in the area. The address is in Madison/St. Clair County, Illinois, with a zip code of 62234. The asking price is $28,500 per acre. This prime location offers a compelling investment opportunity for developers seeking to capitalize on the area's growth potential. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Collinsville
- County
- Madison/St. Clair
- State
- Illinois
- Longitude
- -89.972
- Latitude
- 38.6844
