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S-2 Zoned Commercial Land
For Sale
$801,051

3501 MITCHELL Drive, Springfield, IL 62711

Commercial Sale, Springfield, IL

Property SizeContact for details
Lot Size4.32 Acres
Days on Market1118

Property Features for 3501 MITCHELL Drive

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions Wabash Avenue to Happy Landing. Land is 1 block North, on the corner of Happy Landing and Mitchell Drive.
Standard status Active
APN 21-12.0-352-003
Lot size 4.32 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 46
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Added: Aug 24, 2023 Changed: Aug 24 Last Checked: Sep 14 at 7:06PM
MLS# CA1024321

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.32-acre commercial land parcel is located at 3501 Mitchell Drive in Springfield, Illinois. The property carries S-2 zoning and offers a sizable development footprint for commercial land users.

The site is positioned 1 block north of Wabash and Happy Landing. An additional 3.71 acres next door may be combined with this parcel, creating a larger contiguous tract when needed.

Key Highlights

  • 4.32‑acre commercial land parcel
  • S‑2 zoning
  • 1 block north of Wabash and Happy Landing

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage HVAC Service Barber Shop Building Supply Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 62711, IL

18,115
Population
7,885
Households
2.3
Avg Household Size
49
Median Age
57%
College-Educated
98%
High-School Grad
30.9 sq mi
ZIP Area
586
Density / Sq Mi
$123,507
Median Household Income
$65,758
Median Earnings
$1,272
Median Rent
$299,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with S-2 zoning and the option to expand into an adjoining tract.
Where is this commercial land located?
The property is located at 3501 MITCHELL Drive Springfield, IL.
What is the asking price?
The asking price for this property is $801,051.
What are key features of this property?
This property features: 4.32‑acre commercial land parcel; S‑2 zoning; 1 block north of Wabash and Happy Landing
More about this property
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