1515 Formosa Collinsville IL 62294
Calling all Builders and Developers! This centrally located property has all kinds of potential for multi-use development! Approximately 16 acres fronts on State highway 40 or Troy Rd. where several other Commercial tracts have been developed recently. These tracts run parallel to I-55/70 w/ good visibility. Check w/ Madison County but it appears to be a good layout for 5 or 6 Two to Three acre tracts. Formosa Rd consists of approximately 1700 ft of road frontage. Public water & sewer are located on the east side of Formosa perfect for a residential development. Call for utilities maps on file from the City of Troy. Farm income approx. $18,000 per year. The home with 2 acres is for sale separately but must be purchased by the same buyer. See mls#21038785 home is w/ 2 acres for $350,000. This location is perfect for a residential development with Troy Schools as well as it's proximity to quick access to I-55/70 to Edwardsville, to St. Louis or to I-270.
©2022 Mid America Regional Information Systems Internet Data Exchange (MARIS). All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Mid America Regional Information Systems Internet Data Exchange. (MARIS) Listing #21038788 Courtesy of Re/Max Alliance. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
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All information provided through this website was obtained from sources deemed reliable; however, Property Peddler Inc. make no guarantees of the accuracy of information. All sketches and dimensions on this website are approximate and should be verified. All acreages are approximate and have been based on aerial photography, tax maps, or plat maps and are in no way guaranteed and the buyer might consider for it to be confirmed by a licensed surveyor.
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