Stanford Ave Springfield, IL 62704
- Land
- 3.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Stanford Ave
- Lot size
- 3.40 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 3.4-acre industrial and commercial land parcel is strategically located at the intersection of S MacArthur Blvd and W Stanford Ave in Springfield, Illinois (zip code 62704). The property boasts a highly desirable location within a thriving commercial corridor, experiencing exceptionally high traffic volume with 17,400 vehicles per day north/south and 25,300 vehicles per day east/west. This makes it an ideal site for a variety of development projects. The permitted zoning includes I-1, B-1, R-5b, and R-2, offering flexibility for diverse uses. Surrounding businesses include established national retailers such as Hy-Vee, Scheels, Casey's, CVS, Sonic, and On Track Car Wash, along with a new Green Subaru dealership currently under construction. This prime location ensures high visibility and accessibility for any future development. The property consists of multiple tax parcels: 22090151008, 22090151038, 22090151044, 22090151023, 22090176022, 22090179087, and 22090179088. The asking price for this exceptional development opportunity is $2,328,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6679
- Latitude
- 39.7653
