107 157 Hwy Collinsville, IL 62234
- Commercial real estate
- 0.68 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 107 157 Hwy
- Year built
- 1992
- Lot size
- 0.68 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.68-acre commercial lot presents a prime investment opportunity in the thriving city of Collinsville, Illinois. Located at 107 N 157 Hwy, this property offers significant potential for a wide range of commercial ventures. The expansive lot provides ample space for new construction, allowing for the development of a building tailored to specific business needs. Its strategic location on N 157 Hwy ensures high visibility and easy accessibility for customers and employees. The property's size and location make it ideal for businesses seeking a prominent presence in a busy commercial area. This is a rare opportunity to acquire a substantial piece of land in a desirable location, ready for immediate development. The asking price of $500,000 reflects the significant value and potential of this property. Serious inquiries are encouraged to explore the possibilities this exceptional site offers. The property is zoned for general commercial use, providing flexibility for a variety of business types. Given the size and location, this property is well-suited for a variety of commercial developments, from retail spaces to office buildings, or even a mixed-use development. The absence of existing structures allows for complete design freedom and customization. This is a blank canvas for a successful commercial enterprise in a vibrant and growing community. Don't miss this chance to secure a prime piece of Collinsville real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Collinsville
- County
- Madison-IL
- State
- Illinois
- Longitude
- -89.9964
- Latitude
- 38.6798