0 Atlanta St & Farmers Market Rd Springfield, IL 62702
This exceptional 20.65-acre industrial land parcel presents a significant development opportunity in Springfield, Illinois. Strategically located on Atlanta Street and Farmers Market Road, this property boasts high visibility from I-55, with approximately 27,300 vehicles passing daily just north of the Sangamon Ave exit. The site comprises eight individual parcels ranging from 1.19 to 4.25 acres, offering flexibility for various development scenarios; they can be purchased individually or as a whole for $1,463,200. The I-1 zoning permits a range of light industrial and retail uses. The property's advantageous location near Northfield Plaza and S. Dirksen Parkway, areas with substantial retail, medical, and restaurant establishments (experiencing approximately 26,300 vehicles daily), further enhances its appeal. Detailed lot breakdown and pricing information are available upon request. Tax parcel numbers include: 15180102009, 15180301001, 15180301002, 15180301003, 15180301004, 15180301006, 15180302001, and 15180302002. This property is perfectly situated to capitalize on the area's strong commercial activity and high traffic counts. Don't miss this chance to acquire a prime piece of Springfield real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.