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Commercial Land and Distribution Terminal
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800 COMMERCIAL Avenue, Springfield, IL 62703

2.10 acre commercial property with distribution terminal for sale.

Property SizeContact for details
Lot Size2.10 Acres
Days on Market925

Property Features for 800 COMMERCIAL Avenue

General Information

Standard status Active
Lot size 2.10 Acres
Property subtype Industrial
Zoning I-1
Listing Agency: True Commercial Real Estate
Listed By: Sam Nichols
Source: Crexi
Added: Feb 10, 2024 Changed: Aug 23 Last Checked: Jul 15 at 5:43PM

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 True Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at the corner of Cook Street and Commercial Avenue, this property encompasses approximately 2.10 acres. The 2010 real estate taxes were $4,691.40. Currently, Choice Products USA, LLC utilizes the property as a distribution terminal, generating a monthly rental income of $1,250.00 under a year-to-year lease with renewal rights until May 1, 2015. The property is mostly fenced. The asking price reflects the land value. The owner is willing to sell a portion of the property that includes the building improvements or the vacant land area only and will consider dividing the parcel.

Key Highlights

  • Large Land Area: +/- 2.10 Acres
  • Prime Location: Located on the corner of Cook Street & Commercial Avenue
  • Development Potential: Owner will divide the property

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Gym & Fitness Center Dental Office Restaurant Furniture & Home Goods

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

394
Businesses Nearby

Demographics for 62703, IL

28,344
Population
14,320
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
14.9 sq mi
ZIP Area
1,902
Density / Sq Mi
$44,580
Median Household Income
$36,345
Median Earnings
$971
Median Rent
$93,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - 2.10 acre commercial property with distribution terminal for sale.
Where is this distribution center located?
The property is located at 800 COMMERCIAL Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $300,900.
What are key features of this property?
This property features: Large Land Area: +/- 2.10 Acres; Prime Location: Located on the corner of Cook Street & Commercial Avenue; Development Potential: Owner will divide the property
(217) 494-0800 Call to check price and availability
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