Current Use by Public Records
- Specialty properties
Property Details for 6th St Frontage St
- Property type
- Specialty properties
- Property subtype
- Retail properties & Spaces
Description
This exceptional 38.77-acre commercial land parcel in Springfield, Illinois, presents a unique investment opportunity. Located on S 6th Street, this property combines two parcels (22-27.0-300-012 and 22-27.0-401-101), offering significant potential for mixed-use development. The site is ideally suited for a combination of retail and multifamily/apartment construction, capitalizing on its strategic location near various amenities and businesses. The area boasts hotels, gas stations, convenience stores, and a diverse range of professional offices, ensuring high visibility and accessibility. Furthermore, its proximity to the University of Illinois, Lincoln Land Community College (LLCC), and the Capital Area Career Center provides a strong potential tenant base. Please note that city and county approval is required to separate the property from an adjacent parcel. The zoning and specific development possibilities should be verified independently. This large parcel offers a rare chance to create a thriving commercial hub in a vibrant and growing community. The asking price is $750,000. Further details are available upon request. The zip code is 62703.
Value Estimations
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AI approach
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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
- -89.6451
- Latitude
- 39.7513
