You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Land

0 Toronto Rd Springfield, IL 62707

45.03 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 45.03-acre parcel presents a unique mixed-use development opportunity in Springfield, Illinois. Strategically located on the northeast corner of Toronto Road and North Cotton Road, this property enjoys unparalleled visibility and accessibility, situated just off the I-55 Toronto Road interchange. Its prime location places it within a mile of the University of Illinois Springfield (UIS) and Lincoln Land Community College (LLCC), offering significant potential for student housing, retail, and office space. The property is zoned S2 & R3A, permitting both commercial and residential development. Detailed engineering layouts for both residential and commercial applications are available for review. With a daily traffic count of 8,800 vehicles, this site offers exceptional exposure for any commercial venture. The asking price is $850,000. This presents a rare chance to acquire a large, versatile tract of land in a thriving area with high traffic volume and proximity to major educational institutions. The property's size and zoning flexibility allow for a wide range of development possibilities, making it an attractive investment for both experienced developers and new ventures. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.

Property profile
Verified
Property type Land
Lot 45.03 ac (1,961,507 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Toronto Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message