2200 Hilton Head Dr Springfield, IL 62702
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 2200 Hilton Head Dr
- Property type
- Specialty properties
Description
This exceptional 10-acre commercial development lot presents a unique investment opportunity in Springfield, Illinois. Strategically located at the highly visible Sangamon/I-55 interchange, this I-3 zoned property boasts exceptional visibility and accessibility. With an average daily traffic count of 18,700 vehicles on Sangamon Avenue and an impressive 43,600 on I-55, this site offers unparalleled exposure for any commercial venture. The property is ideally suited for a small business park or multiple hotel pads, providing ample space for diverse development options. Currently, a lease is in place with a sign company, generating immediate income potential. Access is conveniently provided off Hilton Head Drive, near Northfield Center, ensuring easy ingress and egress for customers and employees. The asking price for this prime development land is $1,500,000. This location offers significant potential for substantial return on investment due to its high traffic counts and strategic placement near major transportation arteries. Detailed information regarding the current lease and zoning regulations is available upon request. Don't miss this chance to acquire a premier commercial property in a thriving Illinois market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.5996
- Latitude
- 39.8337