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    Property profile & analytics

    Springfield, IL 62702

    • Industrial properties
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3164032
    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

    • Industrial properties

    Property Details

    Lot size
    1.26 lot acres
    Zone code
    I2
    Property type
    Industrial properties
    APN
    14-29.0-278-005
    APU
    14290278005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.6746
    Latitude
    39.811
    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
    $1,589
    $3,828
    $14,369
    $18,197
    -
    $11,484
    $43,107
    $54,591

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      1800 Factory St

      INDUSTRIAL (GENERAL) • 3.00 Acres
      1800 Factory St, Springfield, IL 62702-2820
      View Details
    • Value Estimation by Request
      1.09 Acres

      740 Amos Ave

      INDUSTRIAL (GENERAL) • 1.09 Acres
      740 Amos Ave, Springfield, IL 62702
      View Details
    • Value Estimation by Request
      14.00 Acres

      4050 Color Plant Rd

      INDUSTRIAL (GENERAL) • 14.00 Acres
      4050 Color Plant Rd, Springfield, IL 62702-1060
      View Details
    • Value Estimation by Request
      0.29 Acres

      905 Amos Ave

      INDUSTRIAL (GENERAL) • 0.29 Acres
      905 Amos Ave, Springfield, IL 62702
      View Details
    • Value Estimation by Request

      1601 Jefferson St

      Distribution properties
      1601 Jefferson St, Springfield, IL 62702
      View Details
    • Value Estimation
      $270,000
      0.83 Acres

      2437 5th St

      INDUSTRIAL (GENERAL) • 0.83 Acres
      2437 5th St, Springfield, IL 62702-1764
      View Details

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    • $1,175,000

      Springfield Commercial Building For Sale

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    • New
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      Versatile Commercial Property, Springfield, IL

      Commercial property with multiple potential uses in Springfield, Illinois.
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    Similar Nearby for Lease

    • $13 SF/Yr
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      Sangamon Ave Commercial Property

      Versatile Space, High Traffic Area
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    • $7 SF/Yr
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    • $12 SF/Yr
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    • Contact for pricing

      Commercial Space in Springfield, IL

      Flex/industrial space with private bathroom and storage for rent.
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      View Details
    • $6 SF/Yr
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      Warehouse Space with Office

      9,900 SF warehouse space with offices for lease.
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    • $6 SF/Yr
      26,800 SF

      MacArthur Blvd Warehouse - Springfield, IL

      Spacious Warehouse, Ideal Location, 26,800 SF
      901 Macarthur Blvd, Springfield, IL 62702
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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