0 Dual Rail Site Springfield, IL 62711
This exceptional 389.12± acre site presents a unique opportunity for industrial development in Sangamon County, Illinois. The property boasts convenient access to major transportation arteries, including proximity to the I-72 interchange (within half a mile), I-55 (within 6 miles), and numerous other interstate connections within a reasonable driving distance. Utilities are readily available on-site, including electricity, water, and natural gas. A significant advantage is the property's strategic location between two major rail lines: the Norfolk Southern Rail Line (4,084 feet at the property line) to the north and the Canadian Pacific Kansas City Rail Line (1,908 feet at the property line) to the south, providing excellent rail access for logistics and distribution operations. The site is zoned A and is currently undeveloped farmland, offering flexibility for a wide range of industrial projects. Its location offers easy access to both St. Louis (90 miles) and Chicago (3.5-hour drive), making it an ideal location for businesses seeking to serve a large regional market. This expansive parcel presents a rare opportunity to establish a significant industrial presence in a strategically advantageous location. The property is ready for development and offers substantial potential for growth and return on investment.
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
Similar Nearby for Lease
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.