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Property profile

1514-1528 Springfield Rd Taylorville, IL 62568

OFF-MARKET
Retail properties & Spaces
23,240 SF Built 2005
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Property summary

AI-generated overview

This exceptional retail space, totaling 2,760 square feet, is located in a thriving Walmart shadow center in Taylorville, IL. Situated on a 3.1-acre lot, this single-story, 2005-built building offers a prime end-cap location with exceptional visibility and exposure to 14,400 vehicles daily. The property features a complete 2022 buildout, previously occupied by an optical store, including a large sales floor, optical lab, exam rooms, and more. The space is adaptable and could be divided to create two separate units. The property benefits from its location within a Tax Increment Financing (TIF) district and ample parking (128 spaces). The shopping center boasts a diverse tenant mix including Dollar Tree, Papa John's (coming soon), Great Clips, and others. The property is zoned C-2, Service Retail, and has an APN of 17-13-16-401-002-01 in Christian County. The entire shopping center benefits from prominent pylon signage. The surrounding area includes major retailers such as Walmart, AT&T, and more, ensuring high traffic and customer accessibility. Taylorville's location, approximately 30 miles from both Springfield and Decatur, IL, provides a strong regional draw. This property presents a unique opportunity for a variety of retail businesses seeking high visibility and a strong customer base. The total building size is 23,240 square feet, with 2,760 square feet currently vacant. The cross street is E. North 1500 Rd.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2005
Total area 23,240 SF

Cap rate & NOI

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

Location

1514-1528 Springfield Rd Taylorville, IL 62568
Taylorville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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