Current Use by Public Records
- Retail properties & Spaces
Property Details for 3240 Horizon Dr
- Lot size
- 1.70 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 1.7-acre commercial land parcel presents a prime development opportunity in Springfield, Illinois. Strategically located near the intersection of Interstates 55 and 72, this B-1 zoned property boasts high visibility and exceptional traffic counts, with 12,300 AADT on Dirksen Parkway and 52,400 AADT on I-55/72. The site is situated within a hospitality park, offering immediate proximity to numerous nationally recognized hotels (IHG, Marriott, Wyndham), popular restaurants (Red Lobster, Smokey Bones, Hooters, Applebee's, IHOP, McDonald's, Starbucks), and other amenities. Two Illinois state employment agencies in the area provide a substantial workforce. The property includes a 1.2-acre primary site and an additional half-acre lot, potentially usable for additional parking. Utilities are on-site, making this a ready-to-develop location. The property's APN is 22-12.0-127-066 & 22-12.0-127-060. The asking price is $225,000. This is an unparalleled chance to capitalize on Springfield's thriving commercial sector and its convenient access to major transportation arteries. The property's address is 3240 Horizon Dr, Springfield, IL 62703.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6052
- Latitude
- 39.7675
