0 Gatlin DrSpringfield, IL 62707

For Sale
$821,000

8.28-Acre Warehouse, I-1 Zoning Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8.28-acre Springfield, Illinois property presents a unique investment opportunity. Currently zoned in a manner that previously allowed for a hotel, its prime location is surrounded by I-1 zoned land, significantly increasing the likelihood of rezoning to I-1. This presents a versatile canvas for various industrial uses. The property's expansive size allows for significant development potential, catering to a wide range of industrial needs. The seller is open to dividing the land into two separate parcels, offering flexibility for buyers seeking smaller footprints or joint ventures. Situated in Sangamon County, Illinois, with a Springfield address on Gatlin Drive, zip code 62707, this location offers convenient access to key transportation routes. The property's latitude and longitude coordinates are 39.8350644 and -89.5836903 respectively. The asking price for this substantial industrial property is $821,000. This represents a compelling investment opportunity in a thriving Illinois market. Serious inquiries are encouraged to explore the potential of this versatile and strategically located property. The property's history as a potential hotel site adds a unique dimension to its potential uses. The flexibility offered by the seller to consider dividing the land into two parcels further enhances its appeal to a broad range of potential buyers.

Highlights

  • 8.28-acre Springfield, IL industrial property, $821,000.
  • Previously zoned for a hotel, highly likely to rezone to I-1.
  • Excellent location near I-1 zoned land, offering significant development potential.
  • Seller will consider dividing the land into two parcels.
  • Located on Gatlin Drive, Springfield, IL 62707, with convenient access to major transportation routes.

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.8350644
Longitude
-89.5836903
Gatlin Dr, Springfield, Illinois

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0 Gatlin Dr
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