Property summary
This exceptional 62.58-acre development site presents a unique opportunity in Collinsville, IL. Boasting 1,160 feet of frontage on I-255, this property offers unparalleled visibility and accessibility. Conveniently located near Exit 26 of I-255 and with access to I-55/70 at Exit 11, this site is strategically positioned for optimal logistical efficiency. Currently zoned for agricultural use, pending annexation to Collinsville with anticipated BP-3 or BP-4 zoning and TIF approval. The property's size allows for flexibility, with the possibility of division into smaller parcels. Ideal for a variety of uses, including office, hospitality, distribution centers, or service centers, this land presents a compelling investment opportunity. The asking price is $2,503,200, translating to $40,000 per acre. The property's APN is 13-1-21-30-00-000-007. Located on Eastport Plaza Drive, Collinsville, IL 62234 (Madison County). This is a rare chance to acquire a large, high-traffic development site with significant potential for future growth.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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