3201 White Oaks DrSpringfield, IL 62704

  • Other commercial real estate
  • 5.91 AC
For Sale
$10,000,000 View listing

Property Details for 3201 White Oaks Dr

Lot size
5.91 AC
Property type
Other commercial real estate
APN
21-12.0-428-011
APU
21120428011

Description

This exceptional commercial property, Park Place One, offers a 1,460 square foot single-tenant suite on the first floor of a Class A office building in Springfield, Illinois. Located at 3201 W WHITE OAKS Drive, zip code 62704, this property boasts a park-like setting and is situated in a desirable area. The building features a strong tenant mix of established national and regional professional companies, ensuring a high-quality business environment. The property is zoned S-2 and has an APN of 21120428011. Recent upgrades include landscaping and parking lot improvements. Ample parking is available with a 4/1000 ratio. The landlord is motivated to offer lease incentives, tailored to the specific tenant, lease term, and size of the space. This is a rare opportunity to secure a well-maintained, conveniently located office space in a thriving business community. The property is ideal for a single tenant seeking a prestigious address and a professional atmosphere. Contact us today to learn more about this outstanding opportunity and discuss potential lease incentives.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $78,836,384
    Hospitality
    $72,213,704
    Educational
    $60,080,956
    Medical
    $62,147,232
    Retail
    $93,459,264
3201 White Oaks Dr, Springfield, Illinois
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Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7586
Longitude
-89.7103
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
$223,406
$588,615
$1,938,286
$2,526,901
-
$1,765,845
$5,814,858
$7,580,703

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