2800 Mathers Rd - Mathers Rd. Commercial Development Land 76.5 Acres of Commercial Land Offered at $3,990,000 in Springfield, IL 62711

INVESTMENT HIGHLIGHTS

  • Prime Neighborhood Retail & Office Location
  • Community integrated Retail & Office Development Directly East
  • 28,000 Annual Average Daily Traffic
  • Proximity To Residential & Country Club
  • Additional 60 Acres of Adjacent Undevelopment Land

EXECUTIVE SUMMARY

This 76.5 acres of undeveloped Panther Creek land is prime commercial development land, mixed-zoned as Highway Business Service District (B-1), Community Shopping (S-2), and Office District (OFF). The site is comprised of two parcels, featuring nearly 1,000 feet of frontage along S Veterans Parkway. The site neighbors the Panther Creek Country Club including the popular Panther Creek residential subdivision. This site also benefits from over 28,000 vehicles daily and direct access off of the I72 interchange. Water, sewer, gas and electric services are all available to the site for future development of infrastructure. Existing currently, there is a water line at the northeast corner of the site at Mathers Rd, a single sanitary sewer line running east/west through the southern third, and power lines run along the north and south property line.

PROPERTY FACTS

Price $3,990,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 76.50 AC
Zoning B-1, S-2, OFF - B-1 - Highway Business Service District; S-2 - Community Shopping and Office District; OFF - Office District

1 LOT AVAILABLE

Lot 2

Price $3,990,000
Price Per AC $52,156.86
Lot Size 76.50 AC

This 76.5 acres of undeveloped Panther Creek land is prime commercial development land, mixed-zoned as Highway Business Service District (B-1), Community Shopping (S-2), and Office District (OFF).

DESCRIPTION

This 76.5 acres of undeveloped Panther Creek land is prime commercial development land, mixed-zoned as Highway Business Service District (B-1), Community Shopping (S-2), and Office District (OFF). The site is comprised of two parcels, featuring nearly 1,000 feet of frontage along S Veterans Parkway. The site neighbors the Panther Creek Country Club including the popular Panther Creek residential subdivision. This site also benefits from over 28,000 vehicles daily and direct access off of the I72 interchange. Water, sewer, gas and electric services are all available to the site for future development of infrastructure. Existing currently, there is a water line at the northeast corner of the site at Mathers Rd, a single sanitary sewer line running east/west through the southern third, and power lines run along the north and south property line. Area Description The subject property is located generally southwest of the intersection of Interstate 72 and State Highway 4 or S. Veterans Parkway. Springfield is accessed from surrounding regions primarily by Interstate 72 and Interstate 55. The property is accessed from Mathers Rd, positioned on the north side of the Panther Creek golf course and residential neighborhood, and directly west across S. Veterans Parkway from the Meijer Grocery Store mixed-use commercial corridor of S. Veterans at Prairie Crossing.

PROPERTY TAXES

  • Listing ID: 34478265

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: 2800 Mathers Rd, Springfield, IL 62711