Technical
Financial
Distress signals
Property profile

3388 Atlanta St Springfield, IL 62707

OFF-MARKET
Land
2.84 ac lot
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Property summary

AI-generated overview

This 2.84-acre lot, identified as APN 15180302001, presents a compelling development opportunity in Springfield, Illinois. Located at 3388 Atlanta Street, zip code 62707, this property boasts excellent visibility from Interstate 55, situated on the frontage road of Farmer's Market and Atlanta Street. The high-traffic location benefits from approximately 27,300 vehicles daily passing just north of the Sangamon Avenue exit. Proximity to Northfield Plaza and S. Dirksen Parkway, with their significant retail, medical, and restaurant presence (approximately 26,300 vehicles daily), further enhances the site's commercial viability. This parcel is part of a larger 20.65-acre tract, offering flexibility for individual or combined acquisition. Detailed lot breakdown and pricing information are available upon request. The property's commercial and industrial zoning makes it suitable for a variety of development projects. This prime location and substantial lot size make this an exceptional investment opportunity in a thriving Springfield area.

Property profile

Verified
Property type Land
Lot 2.84 ac (123,710 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3388 Atlanta St Springfield, IL 62707
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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