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- LoopNet Team
3401 Hedley Rd
Springfield, IL 62711
Vacant Land · Land For Sale
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7.51 AC
PROPERTY FACTS
DESCRIPTION
Phenomenal opportunity for office or multi-family development on 7.51 Acres of prime real estate located off of Hedley Road on Springfield's West side. This property consists of 8 separate lots that can be purchased in its entirety or divided up to suit a potential user's needs. Asking price is $4.00 per square foot. This property is ideally located with a strong mix of residential, office, and retail users within a 1 mile radius. The strong mix allows for ongoing residential, assisted living, and office development within the area. With recently developed assisted living facilities to the South of the site and additional multi-family development slated to begin on the 4 acres contiguous to the West of site the area continues to show strong signs of growth. In addition to the strong mix of residential, office, and retail within a one mile radius the site also sits to the immediate East of Koke Mill road allowing for easy access to nearby retail and workplace opportunities.
PROPERTY TAXES
| Parcel Number | 21-12.0-151-031 | Improvements Assessment | $2,626,073 |
| Land Assessment | $429,558 | Total Assessment | $3,055,631 |
PROPERTY TAXES
