Commercial Infill Development
For Sale
$167,270
3101 Hollis Drive #2-005, Springfield, IL 62704
Infill commercial land near White Oaks Mall, reported to have over 26,000 ADT.
Property SizeContact for details
Days on Market1060
Property Features for 3101 Hollis Drive #2-005
General Information
Standard status
Active
Property subtype
Commercial
Zoning
B-2
Additional Details
Traffic Count
26,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$1,647
Listing Agency:
Todd P Smith Real Estate
(217) 553-5439
Listed By:
Todd Smith · License #471004523
(217) 553-5439
Source:
Shawneehillsrealestate
Added: Sep 29, 2023
Changed: Aug 8
Last Checked: Aug 23 at 11:41AM
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 commercial land parcel offers an infill development opportunity in southwest Springfield. The site is identified as 2-005 in the attached brochure and is positioned to support new mixed commercial development within an established area.
The property is located near White Oaks Mall at Veterans & Wabash, where the mall is reported to have over 26,000 ADT. It is surrounded by retail, office, restaurant, and other mixed-use commercial development, with nearby single- and multi-family residential developments described as only minutes away. The combination of nearby retail and residential context is intended to support continued commercial growth at this infill location.
The property is located near White Oaks Mall at Veterans & Wabash, where the mall is reported to have over 26,000 ADT. It is surrounded by retail, office, restaurant, and other mixed-use commercial development, with nearby single- and multi-family residential developments described as only minutes away. The combination of nearby retail and residential context is intended to support continued commercial growth at this infill location.
Key Highlights
- Infill commercial land located near White Oaks Mall at Veterans & Wabash
- White Oaks Mall is reported to have over 26,000 ADT
- Site is identified as 2‑005 in the attached brochure
Property Analytics
Property Profile
Current Use
Lease Details
26,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
845
Businesses Nearby
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Infill commercial land near White Oaks Mall, reported to have over 26,000 ADT.
Where is this commercial land located?
The property is located at 3101 Hollis Drive #2-005 Springfield, IL.
What is the asking price?
The asking price for this property is $167,270.
What are key features of this property?
This property features: Infill commercial land located near White Oaks Mall at Veterans & Wabash; White Oaks Mall is reported to have over 26,000 ADT; Site is identified as 2‑005 in the attached brochure
