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    4234 Wabash Ave Springfield, IL 62711

    For Sale
    $1,300,000

    Commercial - Springfield, IL

    Days on Market:
    217
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 4234 Wabash Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-1
    APN
    21140200041
    Exterior features
    Level

    Building Details

    Architectural style
    Other

    RMP of Springfield,LLC dba Remax Professionals (217) 787-7215 [email protected]

    Listing agent Melissa Vorreyer (217) 787-7215 License #475100751

    Listing date May 5, 2025

    MLS# CA1036178 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Springfield Commercial Land For Sale

    This 20+/- acre property is located on the west side of Springfield, Illinois, in a rapidly developing area. Currently used as a nursery, the land is densely populated with trees and includes one house and several outbuildings. The property's location provides easy access to key amenities, retail hubs, and major transportation routes. Its size and location make it suitable for retail, office space, or other commercial ventures. The property benefits from its strategic position, providing visibility and foot traffic. With close proximity to thriving commercial properties and high-traffic routes, this location presents an opportunity for businesses looking to capitalize on the area's growth. The property is zoned I-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pleasant Nursery Inc Garden Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lesco Service Center

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.72908113
    Latitude
    39.754884805

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    FAQs

    What type of property is this?
    Nursery and garden center - 20+/- acre commercial property in a rapidly developing area.
    Where is this nursery and garden center located?
    The property is located at 4234 Wabash Ave Springfield, IL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime location on the rapidly developing west side of Springfield, IL.; - 20+/- acres of land offering ample space for development.; - High visibility and exposure due to proximity to high-traffic routes.
    (217) 787-7215
    Request Owner's contact information
    4234 Wabash Ave Springfield, IL 62711
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    Springfield, IL 62711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4234 Wabash Ave Springfield, IL 62711
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