Commercial Land Development
For Sale
$2,132,262
2501 Marketplace Drive, Springfield, IL 62702
Commercial Sale, Springfield, IL
Property SizeContact for details
Days on Market187
Property Features for 2501 Marketplace Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Level
Directions
From Dirksen Parkway, turn West on Walton Dr. Turn South on Marketplace and land is adjacent to Menards to the south.
Standard status
Active
APN
14-13.0-326-031
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
40337
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Bill Marriott · License #475116051
(217) 741-0198
Added: Apr 2
Changed: Oct 1
Last Checked: Oct 5 at 11:06AM
MLS# CA1042772
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 approximately 9.79-acre commercial land site is positioned for future development and includes stormwater detention along with all utilities to the site. The property is located on the northeast side of Springfield and fronts a major traffic corridor.
The site is near major retailers and restaurants, providing surrounding commercial context. Potential applications identified for the property include retail, fast food, storage units, medical uses, and other development concepts.
The site is near major retailers and restaurants, providing surrounding commercial context. Potential applications identified for the property include retail, fast food, storage units, medical uses, and other development concepts.
Key Highlights
- Approximately 9.79 acres available for commercial development
- Stormwater detention included on site
- All utilities extend to the site
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Development site with stormwater detention and utilities already extended to the property.
Where is this commercial land located?
The property is located at 2501 Marketplace Drive Springfield, IL.
What is the asking price?
The asking price for this property is $2,132,262.
What are key features of this property?
This property features: Approximately 9.79 acres available for commercial development; Stormwater detention included on site; All utilities extend to the site
