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    Business Park Dr Springfield, IL 62701

    Sponsored
    For Sale
    Contact for pricing

    Prime Springfield, IL land for development. Excellent location & access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional development opportunity presents 1.16 to 19 acres of land within the highly desirable Dirksen Business Park in Springfield, Illinois. Strategically located near the Interstate 55 and South Grand Cloverleaf interchange exit, this property boasts unparalleled accessibility and visibility. The site offers excellent circulation from both Dirksen Parkway and Old Rochester Road, easily accommodating vehicles of all sizes. This makes it ideal for a wide range of business and retail developments. The flexibility of the offering allows for both whole and partial lot sales, ensuring buyers can acquire the precise land area needed to meet their specific project requirements. Whether you're a seasoned developer or a business owner seeking a prime location for expansion, Dirksen Business Park provides the strategic advantage you need to succeed. The property's location in Sangamon County, Illinois, with a Springfield zip code of 62701, ensures easy access to a thriving market and robust infrastructure. This is a rare opportunity to secure land in a highly sought-after business park.

    Property Features for 0 Business Park Dr

    General Information

    Property type
    Land
    Lot Size
    50,530 SF

    HighLights

    • 1.16 to 19 acres of land available for sale.
    • Located near the I‑55 & South Grand Cloverleaf interchange.
    • Excellent access from Dirksen Parkway and Old Rochester Road.
    • Lots available for whole or partial sale.
    • Ideal for business or retail development in Springfield, IL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6107075
    Latitude
    39.7833185

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    FAQs

    What type of property is this?
    Land - Prime Springfield, IL land for development. Excellent location & access.
    Where is this land located?
    The property is located at Business Park Dr Springfield, IL.
    What are key features of this property?
    This property features: 1.16 to 19 acres of land available for sale.; Located near the I-55 & South Grand Cloverleaf interchange.; Excellent access from Dirksen Parkway and Old Rochester Road.
    (217) 494-0800
    Request Owner's contact information
    Business Park Dr Springfield, IL 62701
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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
    Business Park Dr Springfield, IL 62701
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