3100 Atlanta Springfield, IL 62702-1425
- Commercial real estate
- 0.87 lot acres
Jun 16, 2021
Current Use by Public Records
- Commercial real estate
Property Details for 3100 Atlanta
- Lot size
- 0.87 lot acres
- Property type
- Commercial real estate
- APN
- 14-13.0-401-037
- APU
- 14130401037
Description
This freestanding retail building, located at 3100 E Atlanta in Springfield, IL, offers 10,600 square feet of vacant space on a two-acre lot. Built in 2015, this Class B property features a single-story, wood-framed structure with 49 parking spaces. The building is zoned B-1 (City of Springfield) and is situated in a prime retail corridor, benefiting from high visibility and traffic counts exceeding 20,000 vehicles daily via nearby Route 55. Its location near major retailers like Lowe's, Menards, and Aldi, along with proximity to the Northfield Inn Suites and a transit stop, ensures strong accessibility and customer draw. The asking price of $800,000 represents a below-construction-cost opportunity. The property is easily divisible into two separate retail units, making it ideal for owner-users or investors seeking a flexible space. The median household income within a one-mile radius is $67,873, significantly higher than the city average. The property's convenient location, just 5.7 miles from Abraham Lincoln Capital Airport, further enhances its appeal. This vacant building presents a unique opportunity to establish a thriving retail presence in a high-demand area of Springfield, Illinois. The property's APN is 14-13.0-401-037.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $990,000
- ML approach
- $950,000
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Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.6058
- Latitude
- 39.8359
- CBSA code
- 44100
- CBSA name
- SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA