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Prime Commercial Land on Parkway
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2901 Mathers Rd, Springfield, IL 62711

Undeveloped 4.26-acre commercial land with high visibility and traffic.

Property SizeContact for details
Lot Size4.26 Acres
Days on Market126

Property Features for 2901 Mathers Rd

General Information

Standard status Active
Lot size 4.26 Acres
Property subtype LAND
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Nick Ragle · License #475201147
Source: Moodyscre
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 26 at 3:27PM

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 Coldwell Banker Commercial Devonshire Realty

Investment Insights

Based on property information with market context.

This 4.26-acre parcel of undeveloped land is zoned Highway Business Service District (B-1). The site offers nearly 500 feet of frontage along S Veterans Parkway and 600 feet on the north side fronting the I72 exit ramp. It neighbors the Panther Creek Country Club and the Panther Creek residential subdivision. The location benefits from high traffic volume, with over 28,000 vehicles daily along S. Veterans Parkway and 36,400 daily vehicles along I72. Water, sewer, gas, and electric services are available for future infrastructure development. Existing power lines run along the southern and western boundaries.

Key Highlights

  • Prime commercial development land (B‑1 zoning) on 4.26 acres.
  • High visibility location with nearly 500 feet of frontage on S Veterans Parkway and 600 feet fronting the I72 exit ramp.
  • High traffic counts: Over 28,000 vehicles daily on S. Veterans Parkway and 36,400 daily vehicles on I72.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon Electrical Service

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

224
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 - Undeveloped 4.26-acre commercial land with high visibility and traffic.
Where is this commercial land located?
The property is located at 2901 Mathers Rd Springfield, IL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime commercial development land (B‑1 zoning) on 4.26 acres.; High visibility location with nearly 500 feet of frontage on S Veterans Parkway and 600 feet fronting the I72 exit ramp.; High traffic counts: Over 28,000 vehicles daily on S. Veterans Parkway and 36,400 daily vehicles on I72.
(217) 403-3379 Call to check price and availability
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