200 Laurel St Springfield, IL 62704
- Commercial land
- 0.10 lot acres
Current Use by Public Records
- Commercial land
Property Details for 200 Laurel St
- Lot size
- 0.10 lot acres
- Property type
- Commercial land
- APN
- 22-04.0-277-001
- APU
- 22040277001
Description
This exceptional 0.6-acre development site is located at 200 E Laurel St, Springfield, IL, 62704. The property, encompassing APNs 22040277001, 22040277002, 22040277004, 22040277005, and 22040277017, is situated on a prominent corner lot at the intersection of 2nd and Laurel Streets. Its S-1 zoning designation presents numerous development opportunities. The location offers excellent visibility and accessibility, situated on a major arterial roadway. This densely populated area boasts a desirable mix of commercial and residential properties, ensuring high traffic and potential customer base. The property's central location provides easy access to various points within Springfield, making it an attractive option for a wide range of commercial or mixed-use developments. The asking price for this exceptional opportunity is $175,000. This is a rare chance to acquire a strategically located parcel in a thriving Springfield neighborhood. Don't miss this chance to capitalize on the potential of this prime development site.
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
- -89.6528
- Latitude
- 39.7827
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA
