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Development Land at Commercial Intersection
For Sale
$73,181

3120 Hollis Drive, Springfield, IL 62711

Development parcel near White Oaks Mall with zoning allowing commercial, industrial, office, and retail uses.

Property SizeContact for details
Days on Market1229

Property Features for 3120 Hollis Drive

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Traffic Count 26,000 vehicles/day

Taxes and HOA fees

Annual Taxes $14

Amenities

3
Level
Level.
Listing Agency: Todd P Smith Real Estate
Listed By: Todd Smith · License #471004523
Source: Xome
Added: Apr 26, 2023 Changed: Sep 2 Last Checked: Sep 4 at 4:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd P Smith Real Estate

Investment Insights

Based on property information with market context.

This for-sale development parcel is identified as Site 1-006 in the attached brochure, with additional adjacent parcels available. The land is positioned off the southwest corner of Veterans Parkway and Wabash Avenue.

Veterans Parkway sees over 26,000 vehicles per day, supporting visibility for a range of commercial applications. The zoning in the area allows for a wide variety of uses, including commercial/industrial, office, and retail, and the surrounding area includes major retail centers, restaurants, grocery, and banks near proximity to White Oaks Mall.

Key Highlights

  • Development parcel at the southwest corner of Veterans Parkway and Wabash Avenue in Springfield
  • Located at an intersection seeing over 26,000 vehicles per day on Veterans Parkway
  • Zoning allows for a wide variety of uses, including commercial industrial, office, and retail

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Daycare Center HVAC Service Pet Grooming Service Barber Shop (Bike/Boat/Book/etc) Store

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

Lease Details

26,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

845
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Development parcel near White Oaks Mall with zoning allowing commercial, industrial, office, and retail uses.
Where is this commercial land located?
The property is located at 3120 Hollis Drive Springfield, IL.
What is the asking price?
The asking price for this property is $73,181.
What are key features of this property?
This property features: Development parcel at the southwest corner of Veterans Parkway and Wabash Avenue in Springfield; Located at an intersection seeing over 26,000 vehicles per day on Veterans Parkway; Zoning allows for a wide variety of uses, including commercial industrial, office, and retail
More about this property
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