Commercial real estate properties in Springfield

Search commercial real estate records in Springfield to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Springfield commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Springfield Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Springfield commercial real estate professionals. Members from Springfield include brokers, investors and service providers, many of whom specialize in Springfield Commercial Real Estate.

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Springfield commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Illinois Springfield
Average price/sqft $1,218 $395 --
Median price/sqft $118 $107 --
Average sold price $1,119,704 $1,392,988 $212,996
Median sold price $196,777 $185,086 $51,880
Number of sales 3,928,218 148,410 3,911
Number of sales over $250k 1,664,491 60,625 620
Number of sales over $1m 386,603 17,009 180
Number of sales over $10m 55,468 2,948 4
Average total tax amount $9,227 $8,867 $4,428
Average assessed value $313,968 $64,398 $52,552
Average market value $400,489 $266,442 $158,027

Springfield commercial real estate property averages

Property averages United States Illinois Springfield
Average lot size 816,430 sf 383,449 sf 96,241 sf
Median lot size 24,445 sf 10,527 sf 6,996 sf
Average building area 1,140 sf 205 sf --
Median building area 76 sf 83 sf --
Median year built 1970 1959 --
Average number of units 16 9 14
Median number of units 2 2 4

Springfield commercial real estate total supply

Supply United States Illinois Springfield
Number of parcels 58,091,739 2,479,916 34,676
Aggregate lot acerage 977,948,242 12,222,135 57,115
Aggregate building area 8,352,119,311 sf 62,877,889 sf --
Aggregate units 88,886,745 2,402,451 22,187

Springfield commercial real estate industrial mortgages

Debt United States Illinois Springfield
Number of mortgages 41,401,301 3,274,271 56,862
Average value of mortgages $5,191,048 $5,610,204 $1,575,351

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