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Property profile & analytics
OFF-MARKET
Land

2200 Enterprise St Springfield, IL 62702

7.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.43-acre property presents a unique development opportunity in Springfield, Illinois. Located at 2200 E Enterprise St, Grandview, IL 62702, this parcel offers a blend of I-2 (Sangamon County) zoning and residential development potential. The land boasts convenient access to North Grand Avenue via several connecting streets, enhancing its appeal for various projects. A portion of the land is cleared, while another section features existing timber, offering flexibility in development plans. The property's frontage on Enterprise Street is relatively small, expanding eastward behind other properties that also front on Enterprise. The asking price for this strategically located parcel is $146,600. Its zoning and accessibility make it an attractive investment for developers seeking a versatile site in a desirable area. The property's size and location provide ample opportunity for a range of development possibilities, making it a compelling investment prospect. Detailed zoning information is available upon request. This is a rare opportunity to acquire a sizable parcel with both industrial and residential zoning potential in a growing area.

Property profile
Verified
Property type Land
Lot 7.43 ac (323,651 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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