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    6410 S 6Th St E Springfield, IL 62703

    For Sale
    $47,500

    Commercial site available for development in Springfield, Illinois.

    Lot size:
    0.69 Acres

    Property Features for 6410 S 6Th St E

    General Information

    Lot size
    0.69 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Blake Pryor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Site Ready For Development

    This commercial site, approximately 0.89 acres, is ready for development along the S. 6th St Frontage Rd on the south side of Springfield, Illinois. The site is located just south of the intersection of Toronto Rd and Interstate 55. Potential uses include office, warehouse, mini-storage, or other commercial purposes. Multi-family development is also a possibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.64823
    Latitude
    39.754018

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    FAQs

    What type of property is this?
    Commercial land - Commercial site available for development in Springfield, Illinois.
    Where is this commercial land located?
    The property is located at 6410 S 6Th St E Springfield, IL.
    What is the asking price?
    The asking price for this property is $47,500.
    What are key features of this property?
    This property features: - Prime commercial location along S. 6th St Frontage Rd. in Springfield.; - Development-ready site of approximately 0.89 acres.; - High-traffic area near the intersection of Toronto Rd and Interstate 55.
    (217) 725-9518
    Request Owner's contact information
    6410 S 6Th St E 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
    6410 S 6Th St E Springfield, IL 62703
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