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Property profile & analytics

916 Community Dr Springfield, IL 62703-5180

  • Commercial real estate
  • 0.89 lot acres
OFF-MARKET
Last Sale
May 01, 2025
$425,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2860603
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 916 Community Dr

Lot size
0.89 lot acres
Property type
Commercial real estate
APN
22-27.0-177-008
APU
22270177008

Description

This exceptional single-tenant office building, totaling 4,500 square feet, presents a fantastic opportunity for businesses seeking a professional and convenient workspace. Situated just south of Springfield and north of Toronto Road, on the frontage road, this property enjoys excellent visibility and accessibility, being only one mile from Interstate 55. The building is a single-story structure, zoned PUD, offering a functional and efficient layout. Inside, you'll find numerous individual offices, perfectly suited for a variety of business configurations. A dedicated conference room facilitates collaborative meetings and presentations, while a comfortable break area provides a space for employees to relax and recharge. Ample parking is available, with over 40 spaces provided for employees and clients. The property is offered under a triple net lease, with pass-through costs, providing transparency and predictability in operating expenses. This well-maintained building is ready for immediate occupancy and represents an ideal solution for businesses seeking a high-quality, conveniently located office space. The property's strategic location and comprehensive amenities make it an attractive option for companies looking to establish or expand their presence in the Springfield area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Sangamon
State
Illinois
Longitude
-89.6419
Latitude
39.7214
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
$11,777
$32,392
$120,976
$153,368
-
$97,176
$362,928
$460,104
More about this property
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