2943 White Oaks DrSpringfield, IL 62704

  • Commercial real estate
  • 1.24 AC
For Lease
$16.95/SF/YR View listing

Property Details for 2943 White Oaks Dr

Lot size
1.24 AC
Property type
Commercial real estate
APN
21-12.0-229-011
APU
21120229011

Description

This exceptional commercial property, located at 2943 W WHITE OAKS Drive in Springfield, offers a single-tenant suite encompassing 1200 square feet of versatile space. The property is zoned for commercial use, providing flexibility for a variety of businesses, including office or retail operations. The building features a single suite, making it ideal for a business seeking a dedicated space. Its prime location on Springfield's west side ensures high visibility and accessibility. The property benefits from its proximity to major national retail stores and popular restaurant chains, guaranteeing a high volume of daily foot traffic. This translates to significant potential for customer engagement and business growth. The property's convenient location and ample space make it an attractive opportunity for businesses seeking a well-situated and functional commercial space. The APN is 21120229011. This is a single-tenant occupancy property, perfect for a business looking for a dedicated space to operate. The property type is classified as Land and Office, offering a unique blend of land ownership and building space. The zoning designation is Commercial, allowing for a wide range of business uses. This presents a compelling investment opportunity in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,547,557
    Hospitality
    $15,157,473
    Educational
    $12,610,840
    Medical
    $13,044,546
    Retail
    $19,616,862
2943 White Oaks Dr, Springfield, Illinois

Location Insight

City
Springfield
County
Sangamon
State
Illinois
Latitude
39.7655
Longitude
-89.7109
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
$37,735
$145,951
$287,359
$433,310
-
$437,853
$862,077
$1,299,930

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