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Zoned Industrial Development Land
For Sale
$1,500,000

2200 Hilton Head Drive, Springfield, IL 62702

10-acre I3-zoned development lot with access off Hilton Head Drive near the Sangamon/I-55 interchange.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market1673

Property Features for 2200 Hilton Head Drive

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype General Commercial
Zoning I3

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $4,630

Amenities

3
Level
Level.
Listing Agency: The Real Estate Group, Inc.
Listed By: Bill Marriott · License #475116051
Source: Xome
Added: Feb 10, 2022 Changed: Sep 2 Last Checked: Sep 9 at 5:36AM

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 The Real Estate Group, Inc.

Investment Insights

Based on property information with market context.

A 10-acre development lot zoned I3, offered for sale with access off Hilton Head Drive near the Sangamon/I-55 interchange. The property is currently under lease with a sign company, and details can be provided by the listing agent.

Traffic counts reported average 18,700 vehicles per day on Sangamon and 43,600 vehicles per day on I-55, supporting visibility for commercial development.

The site has been described as suitable for a small business park or multiple hotel pads, subject to applicable approvals and use requirements.

Key Highlights

  • 10‑acre development lot at the Sangamon/I‑55 interchange, zoned I3
  • Access off Hilton Head Drive near Northfield Center
  • Level topography (property and additional exterior/lot areas are level)

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Law Firm Hair Salon Storage Facility Dental Office (Bike/Boat/Book/etc) Store Garden 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 62702, IL

33,712
Population
17,083
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
15.4 sq mi
ZIP Area
2,189
Density / Sq Mi
$52,748
Median Household Income
$38,160
Median Earnings
$858
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 10-acre I3-zoned development lot with access off Hilton Head Drive near the Sangamon/I-55 interchange.
Where is this industrial land located?
The property is located at 2200 Hilton Head Drive Springfield, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10‑acre development lot at the Sangamon/I‑55 interchange, zoned I3; Access off Hilton Head Drive near Northfield Center; Level topography (property and additional exterior/lot areas are level)
More about this property
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