916 Community DrSpringfield, IL 62703

  • Other commercial real estate
  • 0.89 AC
For Lease
$16/SF/YR View listing

Property Details for 916 Community Dr

Lot size
0.89 AC
Property type
Other commercial real estate
APN
22-27.0-177-008
APU
22270177008

Description

This exceptional single-tenant office building, totaling 4,500 square feet, presents a fantastic opportunity for businesses seeking a professional and convenient workspace. Situated just south of Springfield and north of Toronto Road, on the frontage road, this property enjoys excellent visibility and accessibility, being only one mile from Interstate 55. The building is a single-story structure, zoned PUD, offering a functional and efficient layout. Inside, you'll find numerous individual offices, perfectly suited for a variety of business configurations. A dedicated conference room facilitates collaborative meetings and presentations, while a comfortable break area provides a space for employees to relax and recharge. Ample parking is available, with over 40 spaces provided for employees and clients. The property is offered under a triple net lease, with pass-through costs, providing transparency and predictability in operating expenses. This well-maintained building is ready for immediate occupancy and represents an ideal solution for businesses seeking a high-quality, conveniently located office space. The property's strategic location and comprehensive amenities make it an attractive option for companies looking to establish or expand their presence in the Springfield area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,929,271
    Hospitality
    $10,927,148
    Educational
    $9,091,259
    Medical
    $9,403,921
    Retail
    $14,141,958
916 Community Dr, Springfield, Illinois
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Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7214
Longitude
-89.6419
CBSA code
44100
CBSA name
SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,777
$32,392
$120,976
$153,368
-
$97,176
$362,928
$460,104

FAQs

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