2531 Farmers Market Rd Springfield, IL 62707
- Commercial land
- 3.55 lot acres
Current Use by Public Records
- Commercial land
Property Details for 2531 Farmers Market Rd
- Lot size
- 3.55 lot acres
- Property type
- Commercial land
- APN
- 15-18.0-301-002
- APU
- 15180301002
Description
This 3.55-acre lot, located at 2531 Farmers Market Rd, Springfield, IL 62707 (APN 15180301002), is zoned L-1 and presents a prime development opportunity. Situated on the frontage road of Farmers Market Road and Atlanta Street, this property enjoys high visibility from I-55, with approximately 27,300 vehicles passing daily just north of the Sangamon Ave exit. The strategic location offers excellent access to major thoroughfares and is proximate to Northfield Plaza and S. Dirksen Pkwy, areas boasting significant retail, medical, and restaurant establishments (approximately 26,300 vehicles per day). This parcel is part of a larger 20.65-acre tract that can be sold in its entirety or as individual lots. Detailed lot breakdown and pricing information are available upon request. The property's commercial and industrial zoning allows for a wide range of development possibilities, making it an attractive investment for businesses seeking a high-traffic location in Springfield, Illinois. This exceptional location and zoning make this a rare opportunity for development in a thriving area.
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
- -89.5956
- Latitude
- 39.8375
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA
