Property profile

550 Miller St Springfield, IL 62702

OFF-MARKET
Commercial real estate
Property ID
US28-2968235
0.26 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.26 ac (11,225 SF)
APN 14-28.0-401-016
UPID US28-2968235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex

Location

550 Miller St Springfield, IL 62702-4969
Springfield metro Census 300 SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2023
$850,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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