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B-1 Commercial Land
For Sale
$75,000

2601 Memphis Drive, Springfield, IL 62702

Commercial Sale, Springfield, IL

Property SizeContact for details
Lot Size1.74 Acres
Days on Market502

Property Features for 2601 Memphis Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Lot features Level
Directions North on Dirksen, turn on Walton to Memphis
Standard status Active
APN 14130276001
Lot size 1.74 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description L 1 NORTHFIELD PLAZA 4TH ADDN (36,959 SQ FT) 13-16-5 and L 2 NORTHFIELD PLAZA 4TH ADDN (38,737 SQ FT
Tax Annual Amount 5621
Legal Description L 1 NORTHFIELD PLAZA 4TH ADDN (36,959 SQ FT) 13-16-5 and L 2 NORTHFIELD PLAZA 4TH ADDN (38,737 SQ FT
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: James Skeeters · License #475097981
Added: May 22, 2025 Changed: Aug 19 Last Checked: Oct 5 at 7:06PM
MLS# CA1036612

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 commercial land offering comprises two lots totaling 1.74 acres at 2601 Memphis Drive in Springfield, Illinois. The property carries B-1 zoning and is positioned directly behind Walmart, with access context tied to Dirksen Parkway.

The site is located in ZIP Code 62702 within Sangamon County. Its commercial land classification and B-1 zoning provide the principal framework for evaluating the property for future commercial use.

Key Highlights

  • Two commercial lots totaling 1.74 acres
  • B‑1 zoning
  • Directly behind Walmart

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Hair Salon Plumbing Service Storage Facility Kitchen & Bath Showroom (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.

Location Intelligence

Trade Area within ½ mile

356
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Two commercial lots with B-1 zoning near Walmart and Dirksen Parkway.
Where is this commercial land located?
The property is located at 2601 Memphis Drive Springfield, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Two commercial lots totaling 1.74 acres; B‑1 zoning; Directly behind Walmart
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