3385 Atlanta St Springfield, IL 62707
This exceptional 1.78-acre lot, located at 3385 Atlanta St, Springfield, IL 62707 (APN 15180301006), presents a prime development opportunity. Zoned L-1, this property boasts high visibility from I-55, situated on the frontage road of Farmer's Market and Atlanta Street. Daily traffic counts exceed 27,300 vehicles just north of the Sangamon Ave exit, offering significant exposure for any commercial or industrial venture. The strategic location near Northfield Plaza and S. Dirksen Pkwy, with its established retail, medical, and restaurant businesses (and approximately 26,300 vehicles per day), further enhances its appeal. This parcel is part of a larger 20.65-acre tract, with individual lots ranging from 1.19 to 4.25 acres, offering flexibility for various development scales. The asking price for this specific 1.78-acre lot is $113,920. Detailed lot breakdown and pricing for the larger acreage are available upon request. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes and established commercial areas in Springfield, Illinois.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.