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    000 Alex Springfield Springfield, IL 62711

    • Land
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 000 Alex Springfield

    Lot size
    0.35 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.7169
    Latitude
    39.7647

    Comparable in this City

    • Value Estimation by Request
      1,306,800 SF

      Wabash Ave

      Land • 1,306,800 SF
      0 Wabash Ave, Springfield, IL 62711
      View Details
    • Value Estimation by Request
      40.78 Acres

      Milby Ln

      Land • 40.78 Acres
      0 Milby Ln, Springfield, IL 62711
      View Details
    • Value Estimation by Request

      International Pkwy

      Land
      0 International Pkwy, Springfield, IL 62711
      View Details
    • Value Estimation by Request
      28.79 Acres

      Wabash Ave

      Farms • 28.79 Acres
      0 Wabash Ave, Springfield, IL 62711
      View Details
    • Value Estimation by Request

      3000 Meadowbrook Rd

      Land
      3000 Meadowbrook Rd, Springfield, IL 62711
      View Details
    • Value Estimation by Request

      501 Toronto Rd

      Land
      501 Toronto Rd, Springfield, IL 62711
      View Details

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      Springfield Commercial Land for Sale

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    Similar Nearby for Lease

    • $2 SF/Yr
      2,119 SF

      Springfield Office Space for Lease

      Modern Office Suite, 2,250 sq ft
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      53,579 SF

      Former Pet Center with Kennels

      3,200 SF building with kennels, office, and expansion potential.
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      Springfield Retail Space with Drive-Thru

      Retail space with drive-thru access in Springfield, Illinois.
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      1,266 SF

      Prime Retail Space Available

      Adaptable storefront space with ample parking in strategic location.
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    • $8 SF/Yr
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      Heated Warehouse Space Available

      6,000 SF heated warehouse with office space for lease.
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      Retail Space in Springfield

      Retail location on the west side of Springfield, Illinois.
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    Request Owner's contact information
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    000 Alex Springfield
    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
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