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    International Pkwy Springfield, IL 62711

    Sponsored
    For Sale
    $234,831

    Prime I-72 Visibility, Flexible Acreage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional commercial land offering presents a unique opportunity in Springfield, Illinois' thriving Technology Park. Located on International Parkway, this property boasts unparalleled visibility from Interstate 72, ensuring high traffic exposure for any development. The available land parcels range in size from a generous 1.79 acres to a substantial 6.25 acres, providing flexibility for a variety of commercial projects. The strategic location within the Technology Park offers access to a robust infrastructure and a thriving business community. Furthermore, the possibility of combining adjacent parcels allows for the creation of a larger, more expansive development tailored to specific needs. Detailed lot maps and precise measurements are available upon request, providing comprehensive information for potential buyers to assess the suitability of the land for their intended use. The asking price for this prime commercial land is $234,831. This represents a compelling investment opportunity in a rapidly growing area with excellent visibility and accessibility. The property's location in Sangamon County, Illinois, with a zip code of 62711, offers easy access to major transportation routes and amenities. Don't miss this chance to secure a prominent location in Springfield's dynamic commercial landscape.

    Property Features for 0 International Pkwy

    General Information

    Property type
    Land

    HighLights

    • Prime commercial land in Springfield, IL's Technology Park, offering 1.79 to 6.25 acres.
    • High visibility from Interstate 72 on International Parkway.
    • Flexible parcel sizes allow for various commercial developments, with potential for combining adjacent parcels.
    • Asking price: $234,831.
    • Located in Sangamon County, IL (zip code 62711), offering easy access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.7508179
    Latitude
    39.7486589

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    FAQs

    What type of property is this?
    Land - Prime I-72 Visibility, Flexible Acreage
    Where is this land located?
    The property is located at International Pkwy Springfield, IL.
    What is the asking price?
    The asking price for this property is $234,831.
    What are key features of this property?
    This property features: Prime commercial land in Springfield, IL's Technology Park, offering 1.79 to 6.25 acres.; High visibility from Interstate 72 on International Parkway.; Flexible parcel sizes allow for various commercial developments, with potential for combining adjacent parcels.
    Request Owner's contact information
    International Pkwy Springfield, IL 62711
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    Springfield, IL 62711
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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
    International Pkwy Springfield, IL 62711
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