TORONTO Road

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TORONTO Road

Springfield, IL 62707
Asking Price
$750K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel totaling 45.03 acres available for purchase
  • Located on Toronto Road in the city of Springfield
  • Asset priced at 750000 dollars for the full site
  • Suitable for commercial development projects within the regional market
  • Positioned within the central Illinois economic and government hub

What's Special

This commercial land is currently available for sale and presents a functional option for investors or developers seeking large-scale acreage in Springfield. Spanning 45.03 acres, the parcel provides significant space for diverse commercial projects or long-term development strategies within the Illinois capital. Springfield serves as a primary hub for government and healthcare operations, benefiting from stable economic activity and regional connectivity via major regional thoroughfares. The size of this tract supports a range of potential commercial applications. Its position on Toronto Road offers practical access for construction planning and future site logistics. The property represents a clear opportunity for those looking to secure a substantial land holding in a growing Midwestern market that balances administrative stability with regional commercial expansion.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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