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    FOR SALE
    Commercial real estate

    9500 Collinsville Rd, Collinsville, IL 62234

    2,428 SF 8.63 ac lot Built 1989
    Entity Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US28-1368309
    Property summary
    AI-generated overview

    This exceptional office property, located at 9500 Collinsville Road in Collinsville, Illinois, offers 115,061 square feet of space in a traditional office setting. The building, constructed in 1961 and renovated in 1989, features five individual suites, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 3,200 square feet. Each suite boasts impressive 14-foot ceilings. The property includes ample parking with 50 spaces available for tenants and visitors. Its strategic location provides excellent visibility, situated directly off I-255 exit 24, benefiting from high traffic counts of 46,800 vehicles per day on I-255. Furthermore, the property offers outlot sites facing Collinsville Road, which sees 10,400 vehicles daily. The B-4 zoning allows for a variety of uses. This location offers easy access to both I-55/70 and is conveniently located just 10 minutes from downtown St. Louis. Monument, pylon, and building signage opportunities are also available for increased brand visibility. Currently, five 1,600 square foot suites are available for lease. This property presents a unique opportunity for businesses seeking a prominent location with high visibility and convenient access to major transportation routes.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1989
    Total area 2,428 SF
    Lot 8.63 ac (375,923 SF)
    APN 13-1-21-31-00-000-011
    UPID US28-1368309
    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
    • Electra Sound Water
    • Corix Utilities Water Utility Company
    • Rainbow Restoration of Edwardsville Hardware & Home Improvement Construction Company
    • J5 Crossfit Gym & Fitness Center
    • Metro Foam and Upholstery, Co. Furniture & Home Goods
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $655k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $680k
    Owner & transaction history
    Bucks INC · 20 yrs held
    Bucks INC
    since 2005
    Last sale
    $700,000
    2 recorded transactions
    2018
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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