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Financial
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Property profile

0 Mcdonough Lake Rd Collinsville, IL 62234

OFF-MARKET
Land
9.7 ac lot
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Property summary

AI-generated overview

This exceptional 9.7 to 9.9 acre commercial land parcel in Collinsville, Illinois, is offered at $1,067,000, or approximately $110,000 per acre. Located on McDonough Lake Rd, with APN 13-1-21-19-00-000-008.00 and 113-21-20-00-000-013.001, the property boasts BP-3 zoning, ideal for warehousing. Its strategic location in the Metro-East market provides unparalleled access to major interstates I-255, I-55/70, and I-64, making it a highly desirable logistical hub. Just 15 miles from downtown St. Louis, this site offers significant advantages for businesses seeking efficient distribution networks. A proposed new lighted intersection at McDonough Lake Rd and Horseshoe Lake Rd will further enhance accessibility and visibility. An adjacent 10-acre parcel is also available for purchase, presenting an opportunity for expansion or consolidation. This property represents a rare chance to acquire a well-positioned, sizable development site in a thriving commercial area.

Property profile

Verified
Property type Land
Lot 9.7 ac (422,532 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mcdonough Lake Rd Collinsville, IL 62234
Collinsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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