6000 Cotton Hill RdSpringfield, IL 62712

Property Details for 6000 Cotton Hill Rd

Lot size

3.60 AC

Property type

Land

Description

This exceptional 3.6-acre commercial land parcel, located at 6000 N Cotton Hill Rd in Springfield, Illinois (zip code 62712), presents a unique investment opportunity. The property boasts a high-profile corner lot situated at a traffic-signaled intersection, ensuring maximum visibility and accessibility. With a land area of approximately 156,816 square feet, the site offers ample space for a variety of commercial developments. The advantageous S-2 zoning designation permits community shopping and office district uses, aligning with the area's recent successful commercial and multifamily development trends. Its proximity to the University of Illinois Springfield and Lincoln Land Community College further enhances its appeal, providing a substantial potential customer base. The 2019 real estate taxes were $59.16. The asking price for this strategically located property is $190,000, translating to a land value of $1.21 per square foot. This represents a compelling opportunity for investors seeking a high-visibility location with significant development potential in a thriving area of Springfield, Illinois. The property is conveniently located in Sangamon County.

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.7131

Longitude

-89.6335

FAQs

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