2430 Old Collinsville Rd Belleville, IL 62226
- Land
- 2.84 lot acres
Current Use by Public Records
- Land
Property Details for 2430 Old Collinsville Rd
- Lot size
- 2.84 lot acres
- Property type
- Land
Description
This exceptional 3.72-acre commercial land parcel presents a unique investment opportunity in Red Lion, York County. Strategically located on Cape Horn Road, a major thoroughfare boasting 18,000 vehicles per day, this site enjoys unparalleled visibility and accessibility. Its prime location is adjacent to a new Aldi and a proposed self-storage facility, and directly across from Apple Ford. The property benefits from a strong concentration of national retailers in close proximity, including Dollar General, Tractor Supply, McDonald's, Verizon, AT&T, Wendy's, Dunkin', and Arby's, ensuring high traffic volume and consumer draw. This area is a primary shopping destination, further enhancing the site's value. The property's significant frontage along Cape Horn Road, one of Red Lion's busiest roadways, guarantees maximum exposure. A compelling demographic profile supports this opportunity: a 15-minute drive-time encompasses over 211,315 people with average household incomes exceeding $72,300, and a robust daytime employment population of 124,012. Within a 7-mile radius, the area boasts 161,557 residents in 62,526 homes, a labor force of 63,941, and an average household income of $101,284. Significant growth since 2000, exceeding 12.7% with over 8,167 new homes, underscores the area's continued expansion and potential. This property offers an exceptional chance to capitalize on a thriving retail environment and robust demographics.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9628
- Latitude
- 38.5373
