3920 Pintail DrSpringfield, IL 62711

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

Property Details for 3920 Pintail Dr

Lot size
0.49 AC
Zone code
I1
Property type
Other commercial real estate
APN
21-13.0-430-002
APU
21130430002

Description

This exceptional commercial property, located at 3920 Pintail Drive in Springfield, Illinois, presents a lucrative investment opportunity. The single-story, 6,000 square foot office building sits on a 0.49-acre lot and boasts a prime Westside location. Its proximity to the I-55/I-72 Interchange ensures easy access to major transportation routes, while its close proximity to numerous restaurants and services provides convenience for both tenants and employees. Currently fully leased, the building offers a strong, consistent income stream. The building's layout is designed for efficiency, with each side featuring an open workspace, a sink/breakroom area, a storage closet, a conference room, and private offices. Shared multi-stall restrooms are conveniently located for all tenants. Currently, 1,500 square feet of space is available for lease, presenting an immediate opportunity for a new tenant to occupy a portion of the building while benefiting from the existing rental income generated by other tenants. The property is zoned B-1, making it suitable for a variety of commercial uses. This is a rare opportunity to acquire a well-located, fully leased commercial property in a thriving area of Springfield, offering both immediate income and future potential. The asking price for this exceptional property is $515,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,576,028
    Hospitality
    $6,023,606
    Educational
    $5,011,570
    Medical
    $5,183,925
    Retail
    $7,795,775
3920 Pintail Dr, Springfield, Illinois
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Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7429
Longitude
-89.7125
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
$10,854
$39,506
$85,132
$124,638
-
$118,518
$255,396
$373,914

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