Property profile

1030 GRAND AVE Springfield, IL 62704

OFF-MARKET
Residential - Vacant Land
Property ID
US28-2853194
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Property summary

AI-generated overview

The property consists of approximately 23,000 square feet of combined warehouse and office space in Springfield, Illinois, including a drive-through layout extending from one end of the building to the other. It features two loading docks and one drive-in door, with ceiling heights of approximately 20 feet in most warehouse areas and a section at approximately 16 feet. The interior includes substantial climate-controlled areas, including a heating and air conditioning area and a cooler area, along with dedicated office space. Historically used as a liquor distribution center, the building configuration supports similar distribution and cold-storage style operations. The site includes a large parking lot and an additional approximately 4,000 square foot (40 by 80) steel building.

Property profile

Verified
Property type Residential - Vacant Land
APN 22-05.0-229-002
UPID US28-2853194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Distribution Center Logistics Company

Location

1030 GRAND AVE Springfield, IL 62704
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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