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Property profile & analytics
OFF-MARKET
Industrial properties

929 Mcdonough Lk Rd Collinsville, IL 62234-7401

6,528 SF 0.5 ac lot Built 1978
Individually Owned Free & Clear
Property ID
US28-2206045
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Total area 6,528 SF
Lot 0.5 ac (21,780 SF)
APN 13-1-21-20-00-000-013-C03
UPID US28-2206045
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
Current use
Occupant on record · Public records
  • Vermeer Midwest Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ELAINE FOURNIE
ELAINE FOURNIE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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