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    Streets Dirksen Business Park Springfield, IL 62703

    For Sale
    Contact for pricing

    Prime IL location, lots 1.16-19 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Springfield, Illinois industrial land offering presents a unique opportunity for developers and businesses seeking strategically located parcels. Situated within the Dirksen Business Park, these lots range in size from approximately 1.16 acres to 19 acres, allowing for flexibility in development plans. The property boasts convenient access to Interstate 55 and the South Grand Cloverleaf interchange exit, ensuring seamless transportation for both small and large vehicles. Excellent circulation is provided via Dirksen Parkway and Old Rochester Road. Buyers can purchase whole or partial lots to meet their specific land area requirements. The Dirksen Business Park offers a distinct advantage due to its location and amenities. This development is also located within an Enterprise Zone. Lot pricing varies from $3.00 to $6.00 per square foot, and real estate taxes are assigned to each individual lot. Detailed tax information can be obtained from Sangamon County tax records. This is an exceptional opportunity to acquire prime industrial land in a thriving location with excellent infrastructure and accessibility. Contact us today to discuss your specific needs and explore the possibilities.

    Property Features for Streets Dirksen Business Park

    General Information

    Property type
    Distribution properties

    HighLights

    • Prime Springfield, IL industrial land in Dirksen Business Park.
    • Lots range from 1.16 to 19 acres, allowing flexible development.
    • Excellent I‑55 and South Grand Cloverleaf interchange access.
    • Lots available for whole or partial purchase.
    • Located in an Enterprise Zone, with pricing from $3-$6/sqft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6106591
    Latitude
    39.7833815

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    FAQs

    What type of property is this?
    Distribution property - Prime IL location, lots 1.16-19 acres.
    Where is this distribution property located?
    The property is located at Streets Dirksen Business Park Springfield, IL.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: Prime Springfield, IL industrial land in Dirksen Business Park.; Lots range from 1.16 to 19 acres, allowing flexible development.; Excellent I-55 and South Grand Cloverleaf interchange access.
    Request Owner's contact information
    Streets Dirksen Business Park Springfield, IL 62703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Streets Dirksen Business Park Springfield, IL 62703
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