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    Land

    204-206 Bluff Rd, Collinsville, IL 62234

    3.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 3.03 ac (131,987 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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