1000 Koke Mill RdSpringfield, IL 62711

For Sale
$475,000

Prime Springfield commercial land, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
93
This 1.847-acre commercial land parcel, located at 1000 Koke Mill Road in Springfield, Illinois (zip code 62711), is offered at $475,000. The property boasts high visibility from the intersection of Old Jacksonville Road and Koke Mill Road. Its S-1 zoning designates it as a Commercial and Office District, presenting a unique opportunity for development. The land's value is assessed at $5.90 per square foot. The area is already home to a mix of medical, government, financial, and senior living facilities, as well as other businesses and offices. This location presents a significant advantage, as retail uses are currently lacking in the immediate vicinity. Potential uses could include restaurants, banks, grocery stores, pharmacies, dry cleaners, and other retail establishments. The property's 2023 property taxes totaled $14,075.48, and the assessor's opinion of fair market value is $477,615.00. Previously used as a parking lot, this site offers significant potential for a variety of commercial ventures. The property's strategic location and zoning make it an attractive investment opportunity in a thriving Springfield neighborhood.

Highlights

  • 1.847-acre commercial land parcel in Springfield, IL (62711).
  • High visibility from Old Jacksonville Rd & Koke Mill Rd intersection.
  • Located near first-class office spaces, medical facilities, and other developments.
  • S-1 zoning allows for retail uses currently lacking in the area (restaurants, banks, grocery stores, etc.).
  • S-1 zoning: Commercial & Office District.
  • 2023 Property Taxes: $14,075.48.

Property Details for 1000 Koke Mill Rd

Property type
Other land, Land
Lot Size (sq. ft)
80,455 SF

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7815225
Longitude
-89.7156402
1000 Koke Mill Rd, Springfield, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1000 Koke Mill Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message