Milby Ln Springfield, IL 62711
- Land
- 40.78 lot acres
Current Use by Public Records
- Land
Property Details for 0 Milby Ln
- Lot size
- 40.78 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 40.78-acre industrial land parcel presents a unique investment opportunity in Springfield, Illinois. Located on Milby Ln, with the address listed as Wabash Ave, this property boasts an I-1 zoning designation, making it perfectly suited for a wide range of industrial uses. Its strategic location on Springfield's rapidly expanding southwest side offers unparalleled access to major transportation arteries, including convenient proximity to Interstate 72. The expansive lot size provides ample space for large-scale development projects, offering significant potential for future growth and profitability. The property's APN is 21-11.0-300-030, and it's situated in Sangamon County, Illinois, with a zip code of 62711. The asking price for this remarkable property is $2,000,000. This is a rare chance to acquire a substantial industrial land holding in a thriving market, offering significant long-term investment potential. The property's geographical coordinates are 39.75982698671321 latitude and -89.74138288059842 longitude. Don't miss this opportunity to secure a prime piece of Springfield's industrial landscape.
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
- -89.7414
- Latitude
- 39.7598
