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    4650 Industrial Dr Springfield, IL 62703

    For Sale
    $3,995,000

    Commercial - Springfield, IL

    Property size:
    78,240 SF
    Days on Market:
    260
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 4650 Industrial Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-1
    APN
    22220427005
    Size
    78,240 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Multi Units

    Building Details

    Flooring type
    Carpet, Concrete
    Building materials
    Concrete, Steel Siding
    Roof type
    Metal
    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Ben Call (217) 787-7000 License #475139475

    Listing date Mar 30, 2025

    MLS# CA1035281 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 Industrial Warehouse with Office

    The property is an industrial/manufacturing warehouse featuring 10,000 square feet of office space. The warehouse includes 16,000 square feet of steel mezzanine, providing additional storage capacity. At the rear of the facility, there is a new 6,000-square-foot storage building that does not have heat or electric. The property has lowered loading docks suitable for semi-truck deliveries, as well as overhead doors for box trucks. The property is located in Springfield, Illinois, and has a total size of 78,240 square feet. The zoning is I-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.631186
    Latitude
    39.732148

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    FAQs

    What type of property is this?
    Industrial property - Industrial/manufacturing warehouse with office and additional storage building.
    Where is this industrial property located?
    The property is located at 4650 Industrial Dr Springfield, IL.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - 26,000 sq ft total warehouse space, including a 16,000 sq ft mezzanine and a 10,000 sq ft main warehouse.; - Benefit from 10,000 sq ft of office space.; - New 6,000 sq ft storage building located in the rear.
    (217) 787-7000
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    4650 Industrial Dr Springfield, IL 62703
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    Springfield, IL 62703
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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
    4650 Industrial Dr Springfield, IL 62703
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