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    Dirksen Business Park Springfield, IL 62703

    For Sale
    Contact for pricing

    Springfield, IL commercial land parcels.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional opportunity presents multiple commercial land parcels for sale within the highly desirable Dirksen Business Park in Springfield, Illinois. Located in Sangamon County, zip code 62703, these lots range in size from 1.16 to 4.85 acres and are priced from $4 to $7 per square foot, depending on the lot selected. The property boasts a prime location with excellent access and circulation, offering convenient proximity to the I-55 & South Grand (Route 29) cloverleaf interchange. Dirksen Parkway and Old Rochester Road provide easy access for vehicles of all sizes. The permitted zoning is B-1 & I-1, catering to a variety of commercial uses. Buyers can choose from whole or partial lot sales to perfectly match their specific land area requirements. Detailed lot descriptions and a final plat are available. The park's strategic location within an enterprise zone, coupled with the presence of nearby retail, food, and lodging establishments, makes this an attractive investment for developers and business owners alike. This is a rare chance to acquire land in a thriving commercial area with exceptional infrastructure and accessibility. Contact us today to explore the available lots and secure your piece of this prime Springfield real estate.

    Property Features for 0 Dirksen Business Park

    General Information

    Property type
    Land
    Lot Size
    50,530 SF

    HighLights

    • $4.00 - $7.00 per square foot.
    • Prime location near I‑55 & South Grand (Route 29) interchange.
    • Excellent access via Dirksen Parkway and Old Rochester Road.
    • Whole or partial lot sales available.
    • Located in Dirksen Business Park, an enterprise zone with nearby amenities and B‑1 & I‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6106591
    Latitude
    39.7833815

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    FAQs

    What type of property is this?
    Land - Springfield, IL commercial land parcels.
    Where is this land located?
    The property is located at Dirksen Business Park Springfield, IL.
    What are key features of this property?
    This property features: $4.00 - $7.00 per square foot.; Prime location near I-55 & South Grand (Route 29) interchange.; Excellent access via Dirksen Parkway and Old Rochester Road.
    (217) 494-0800
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    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
    Dirksen Business Park Springfield, IL 62703
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