2901 White Oaks Dr Springfield, IL 62704
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 2901 White Oaks Dr
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5-acre commercial land parcel, located at 2901 W White Oaks Dr, Springfield, IL 62704, presents a unique investment opportunity. Situated directly behind White Oaks Plaza and the Mall at White Oaks, this pad-ready site boasts convenient access to major thoroughfares like Veterans Parkway (28,700 AADT) and Wabash Avenue (22,100 AADT), ensuring high visibility and significant traffic exposure. All utilities are already in place, and an existing retention pond is included, simplifying the development process and reducing upfront costs. The property is zoned S-2, Community Shopping and Office District, allowing for a variety of commercial uses. Its prime location near a host of nationally recognized retailers and restaurants guarantees a strong customer base. This is a high-value site ripe for development, offering significant potential for immediate returns and long-term growth. The property is owned by a trust and is being offered for sale at $325,000. The APN is 21-12.0-229-022. This is a truly exceptional opportunity to acquire a highly desirable commercial property in a thriving retail corridor.
Value Estimation
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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
- -89.7103
- Latitude
- 39.767
