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Property profile & analytics
OFF-MARKET
Land

13.27 Acre Stanford Ave Springfield, IL 62703

13.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13.27-acre industrial land parcel presents a unique investment opportunity in Sangamon County, Illinois. Located on Stanford Avenue in Southern View, with a Springfield address, this property boasts an I-2 zoning designation, making it ideal for a variety of industrial uses. The asking price is $398,100, translating to a land value of $30,000 per acre. The property's APN is 22110126016. All utilities are readily available to the site, simplifying development and operational costs. Situated in the 62703 zip code, this location offers convenient access to major transportation routes, enhancing its logistical appeal for businesses requiring efficient distribution networks. The expansive lot size provides ample space for large-scale industrial projects, warehousing, or manufacturing facilities. This property represents a compelling opportunity for investors and developers seeking a strategically located industrial land parcel in a thriving Illinois market. The property's size and zoning make it suitable for a wide range of industrial developments, offering significant potential for future growth and profitability. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 13.27 ac (578,041 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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