2601 Farmers Market RdSpringfield, IL 62707

Property Details for 2601 Farmers Market Rd

Lot size

4.19 AC

Property type

Commercial land

APN

15-18.0-102-009

APU

15180102009

Description

This 4.19-acre lot, located at 2601 Farmers Market Rd, Springfield, IL 62707 (APN 15180102009), is zoned I-1 and presents a prime development opportunity. Situated on the frontage road of Farmers Market Road and Atlanta Street, it boasts excellent visibility from I-55, with approximately 27,300 vehicles passing daily. The property's strategic location near Northfield Plaza and S. Dirksen Parkway, areas with significant retail, medical, and restaurant activity (approx. 26,300 vehicles daily), ensures high traffic volume and potential for strong returns. This parcel offers exceptional access and exposure, making it ideal for various commercial or industrial uses. The asking price is $414,810. This is a single lot from a larger group of parcels, each available for sale individually or as a package. Further details on the entire acreage and individual lot pricing are available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $55,892,256

  Hospitality

  $51,197,004

  Educational

  $42,595,308

  Medical

  $44,060,224

  Retail

  $66,259,368

Location Insight

City

Springfield

County

Sangamon

State

Illinois

Latitude

39.8388

Longitude

-89.5957

CBSA code

44100

CBSA name

SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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