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    3501 Mayflower Blvd Springfield, IL 62711

    Sponsored
    For Sale
    $2,300,000

    65,800 SF, 9.26 Acres, Multi-Building

    Property size:
    65,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional commercial property in southwest Springfield, Illinois offers a unique investment opportunity. The complex encompasses four buildings totaling 65,800 square feet on a secure 9.26-acre fenced lot. The main building, a former manufacturing facility constructed in 1977 and extensively remodeled in 2015, boasts 43,500 square feet. This space includes 4,120 square feet of office space and a substantial 38,380 square feet of warehouse space. The warehouse features impressive 38-44 foot clear heights, substantial crane capacity (three 15-ton cranes and one 30-ton crane), and four 20' x 20' overhead drive-in doors. Power is robust, with 4,100 Amp @ 480 V 3-Phase service. An additional 6,500 square feet of attached warehouse space with 18-foot clear heights is also included. Three additional buildings enhance the property's versatility. Outbuilding #1 (12,000 SF, built 1983) offers 24-foot clear heights, two overhead doors, and 200 square feet of office space. Outbuilding #2 (8,800 SF, built 1999) is ideal for cold storage with 14-foot clear heights. Finally, Outbuilding #3 (1,500 SF, built 1979) provides additional space. This property presents a rare combination of size, functionality, and location, making it an attractive proposition for a variety of commercial uses. The asking price is $2,300,000.

    Property Features for 3501 Mayflower Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    65,800 SF
    Lot Size
    403,366 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.71581
    Latitude
    39.7533

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    FAQs

    What type of property is this?
    Commercial real estate - 65,800 SF, 9.26 Acres, Multi-Building
    Where is this commercial real estate located?
    The property is located at 3501 Mayflower Blvd Springfield, IL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    Request Owner's contact information
    3501 Mayflower Blvd 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
    3501 Mayflower Blvd Springfield, IL 62711
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