3921 Pintail DrSpringfield, IL 62711

  • Other commercial real estate
  • 0.51 AC
For Sale
$515,000 View listing

Property Details for 3921 Pintail Dr

Lot size
0.51 AC
Zone code
I1
Property type
Other commercial real estate
APN
21-13.0-429-004
APU
21130429004

Description

This exceptional investment opportunity presents a fully leased 6,000 square foot commercial office building situated on a 0.51-acre lot at 3921 Pintail Drive in Springfield, Illinois. The property is zoned B-1 and currently boasts two separate leased units, one measuring 3,200 square feet and the other 2,800 square feet. This provides a stable income stream for the new owner. The flexible layout allows for easy reconfiguration into smaller units, as small as 1,500 square feet, catering to a wider range of potential tenants. Each unit offers a practical and efficient design, including an open workspace, a convenient sink/breakroom area, ample storage, a dedicated conference room, and private offices to enhance productivity. Shared multi-stall restrooms are conveniently located for all occupants. The property's prime location in Springfield, Illinois, offers excellent accessibility and visibility, making it an attractive proposition for both tenants and investors. The asking price for this turnkey commercial property is $515,000. This represents a strong return on investment given the current occupancy and the potential for future growth. Serious inquiries are encouraged.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,761,298
    Hospitality
    $6,193,313
    Educational
    $5,152,764
    Medical
    $5,329,975
    Retail
    $8,015,410
3921 Pintail Dr, Springfield, Illinois
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Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7429
Longitude
-89.7133
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
$10,292
$39,506
$78,673
$118,179
-
$118,518
$236,019
$354,537

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