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2430 Old Collinsville Rd Belleville, IL 62226

OFF-MARKET Land Google Maps
2.84 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.84 ac (123,710 SF)

Cap rate & NOI

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

Value estimations

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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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