723 Bruns Lane Ct Springfield, IL 62702
This exceptional 1,435 square foot creative office space is situated in a well-maintained commercial strip center at 723 North Bruns Lane, Springfield, Illinois, 62702. The property, zoned B-1, is part of a single-story building and offers a desirable multiple-tenancy environment. The space features a mostly open floor plan, ideal for adaptable layouts to suit various business needs. A convenient storage room and an ADA-compliant restroom are included. Ample on-site parking is available for tenants and their clients. The location boasts excellent visibility due to its placement in a well-lit commercial area, and features a large standard sign offering prominent advertising opportunities for the tenant. This prime location offers easy access to downtown Springfield (5 minutes away) and major highways, including Interstate 55 and Interstate 72 (both within 10 minutes). The property is in Sangamon County and presents a fantastic opportunity for businesses seeking a functional and conveniently located office space. The space is currently vacant and ready for immediate occupancy. This is a retail and office property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.