929 Mcdonough Lk Rd Collinsville, IL 62234-7401
This exceptional commercial property encompasses 8.86 contiguous acres in Collinsville, Illinois, strategically located near major transportation arteries, including I-255 (Exit 26) and I-55/70 (Exit 11). The property is comprised of three parcels totaling 385,941.6 square feet and is zoned BP-3, allowing for diverse development opportunities. Potential uses include cannabis cultivation, warehousing, and wholesale operations. One parcel includes a 50' x 125' metal warehouse building. Another significant parcel of approximately 4.9 acres offers ample space, though it lacks direct road frontage. The property's prime location offers easy access to key amenities, including the Gateway Conference Center, Ameren Illinois headquarters, the Illinois Department of Transportation, restaurants, lodging, and major retailers. This exceptional offering presents a rare opportunity to acquire a substantial land holding in a high-demand area, with excellent proximity to both downtown St. Louis and the central region between Madison and St. Clair Counties. The asking price for the entire 8.86-acre property is $1,061,339.40, translating to approximately $119,790 per acre or $2.75 per square foot. Parcel numbers include 13-1-21-20-00-000-013.003, 13-1-21-20-00-000-013.C03, and 13-1-21-19-00-000-008.003.
-
Vermeer Midwest Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.