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    908 Springfield Rd Taylorville, IL 62568

    For Lease
    $8 SF/Yr ($11,133 /Mo)

    High-traffic location, recently renovated

    Lot size:
    16,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 16,700 square foot retail property, located at 908 W Springfield Rd in Taylorville, Illinois, presents a unique investment opportunity. Built in 1985 and extensively renovated in 2022, the single-story building boasts a modern exterior and a completely updated, 5,000 square foot white-box interior, ready for immediate occupancy. The property features a single tenancy, offering flexibility for a variety of retail businesses. Situated in Taylorville's highest traffic area, experiencing approximately 15,000 vehicles per day, this location ensures maximum visibility and accessibility. Its inline position with national retailers further enhances its appeal and potential for success. The property's 16,700 square feet provides ample space for a large-scale operation or can be subdivided to accommodate multiple smaller tenants. Property taxes are a cost-effective $1 per square foot. This turnkey retail space offers an unparalleled combination of location, modern amenities, and high visibility, making it an ideal choice for discerning businesses seeking a prime location in a thriving market. The zip code is 62568.

    Property Features for 908 Springfield Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,700 SF
    Total Rate
    11133.33

    Building Details

    Year Built/Renovated
    1985/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Rate per SF
    $8

    HighLights

    • 2,825 - 5,000 square feet of retail space available.
    • Ample on‑site parking.
    • Pylon signage opportunity available.
    • 42‑foot storefront frontage.
    • High visibility with 13,000+ average daily traffic.
    • Open floor plan with rear office and kitchenette.
    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 Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Taylorville
    County
    Christian
    State
    Illinois
    Longitude
    -89.3060244
    Latitude
    39.5628052

    Nearby Comparable

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    Nearby Similar for Lease

    • Contact for pricing
      3,200 SF

      Industrial Building in Taylorville, IL

      3200 sq ft industrial building suitable for various uses.
      1016 S Spresser St, Taylorville, IL 62568
      View Details
    • $16 SF/Yr
      1,972 SF

      Retail End-Cap Space Available

      End-cap retail space in a busy shopping center.
      1514-1524 W Springfield Rd, Taylorville, IL 62568
      View Details
    • Contact for pricing
      4,556 SF

      Taylorville Retail Space Available

      High-visibility storefront, ample parking.
      433 Spresser St, Taylorville, IL 62568
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic location, recently renovated
    Where is this retail property located?
    The property is located at 908 Springfield Rd Taylorville, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 2,825 - 5,000 square feet of retail space available.; Ample on-site parking.; Pylon signage opportunity available.
    Request Owner's contact information
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    Taylorville, IL 62568
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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
    908 Springfield Rd Taylorville, IL 62568
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