705 Il-157 Collinsville, IL 62234
This exceptional 5,999 square foot retail property, located at 705 Illinois Route 157 in Collinsville, Illinois, presents a unique investment opportunity. Situated on a one-acre lot, this multi-tenant building offers ample space for a variety of commercial uses. Currently, the entire 5,999 square feet is available for lease, providing a blank canvas for a new business or expansion. The property boasts convenient access and high visibility along Illinois Route 157, ensuring significant foot traffic and exposure. With 50 parking spaces available, customer convenience is prioritized. The property is zoned HP-1, allowing for a range of commercial development options. The location in Madison County, Illinois, with a zip code of 62234, offers easy access to major transportation routes and a thriving local community. This is an ideal opportunity for businesses seeking a prominent location with substantial space and excellent visibility. The property's size and zoning make it suitable for a variety of retail concepts. The ample parking ensures a positive customer experience. Don't miss this chance to secure a prime retail location in a growing market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.