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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    110 Reynolds St, Springfield, IL 62702

    0.09 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-3059844
    Property summary
    AI-generated overview

    This exceptional Springfield, IL property offers nearly an acre of combined lots at 110 W Reynolds Street. Priced at $499,000, this general commercial parcel presents a unique investment opportunity due to its versatile zoning and prime location. The substantial size allows for a wide range of development possibilities, making it ideal for various commercial ventures. Its proximity to a significant medical complex further enhances its appeal, providing easy access to a large pool of potential customers and employees. The property's substantial size and strategic location make it an attractive proposition for businesses seeking visibility and convenient access. The combined lots offer ample space for construction or expansion, catering to a diverse range of commercial needs. Serious inquiries are encouraged to explore the potential of this valuable asset and its significant upside in a thriving Springfield location. The property is ready for development and offers a rare chance to establish a strong commercial presence in a high-demand area. Further details regarding zoning and permitted uses are available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.09 ac (3,849 SF)
    APN 14-28.0-440-008
    UPID US28-3059844
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    GIACOMINI DOMINIC C TRUST & GIACOMINI PATRUSTICIA
    GIACOMINI DOMINIC C TRUST & GIACOMINI PATRUSTICIA
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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