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    OFF-MARKET
    Land

    0 Eastport Plaza Dr, Collinsville, IL 62234

    62.58 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 62.58 ac (2,725,985 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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