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    1439 Stevenson Dr Springfield, IL 62703

    Sponsored
    For Lease
    $13 SF/Yr

    1,750 sq ft remodeled commercial space

    Lot size:
    1,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,750 square foot commercial property, located at 1439 Stevenson Drive, presents a unique investment opportunity. Zoned B2, this single-tenant land parcel offers significant potential for a variety of businesses. The property boasts a recently remodeled interior, reflecting a substantial investment by the owner to create a high-quality commercial space. The improvements are ready for immediate occupancy by a new tenant, eliminating the need for extensive renovations or upgrades. The property's single-tenant configuration simplifies management and provides a clear revenue stream. The Assessor's Parcel Number (APN) is 22100479016. This is an excellent chance to acquire a well-maintained, ready-to-lease commercial property in a desirable location. The property's size and zoning make it suitable for a range of commercial uses, offering flexibility and adaptability to various business models. The existing improvements provide a solid foundation for a new tenant to establish their operations quickly and efficiently. Serious inquiries are encouraged to explore the full potential of this attractive commercial land offering. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

    Property Features for 1439 Stevenson Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,750 SF

    Unit(s) available at that property

    Space
    Size
    1,750 SF
    Rate per SF
    $13

    HighLights

    • 1,750 sq. ft. commercial land parcel.
    • Single‑tenant commercial property.
    • B2 Zoning.
    • APN: 22100479016.
    • Remodeled commercial space ready for occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -89.6330769
    Latitude
    39.7579703

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    FAQs

    What type of property is this?
    Land - 1,750 sq ft remodeled commercial space
    Where is this land located?
    The property is located at 1439 Stevenson Dr Springfield, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 1,750 sq. ft. commercial land parcel.; Single-tenant commercial property.; B2 Zoning.
    Request Owner's contact information
    1439 Stevenson Dr 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
    1439 Stevenson Dr Springfield, IL 62703
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