204-206 Bluff Rd, Collinsville, IL 62234
This exceptional 3.03-acre commercial land parcel presents a unique investment opportunity in Collinsville, Illinois. Ideally situated at 204-206 North Bluff Road, the property boasts 458 feet of frontage on Route 157, a major thoroughfare with an impressive 18,400 average daily traffic count (ADT). Its strategic location places it just south of Collinsville Crossing and directly across from prominent retailers like Walmart and Home Depot, ensuring high visibility and accessibility. The property's zoning is B-3, offering flexibility for a variety of commercial developments. Convenient access to Interstate 55/70 via Exit 11 further enhances its appeal. All utilities are readily available on-site, simplifying development plans. Adding to its attractiveness, this site is located within a Tax Increment Financing (TIF) district, potentially offering significant financial advantages. The property's APN numbers are 13-2-21-32-06-103-013 and 13-2-21-32-07-002-001, within Madison County, Illinois, zip code 62234. This prime location and advantageous features make this land a compelling prospect for businesses seeking high-traffic exposure and convenient access to major transportation arteries.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.