Industrial Properties in Springfield | Reonomy

Industrial Properties in Springfield

Unlock property data on 43 industrial properties in Springfield. Search through Springfield property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Springfield commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in industrial properties.

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Springfield industrial property sold prices and values

Values and sold prices (last 24 months) United States Illinois Springfield
Average price/sqft $905 $17,958 --
Average sold price $3,287,392 $4,169,584 $49,900
Median sold price $481,712 $780,911 $49,900
Number of sales 49,708 2,925 --
Number of sales over $250k 31,883 2,202 --
Number of sales over $1m 17,575 1,295 --
Number of sales over $10m 2,932 303 --
Average total tax amount $23,655 $41,858 $2,654
Average assessed value $1,012,258 $272,217 $32,799
Average market value $1,280,468 $897,711 $98,397

Springfield industrial property property averages

Property averages United States Illinois Springfield
Average lot size 387,227 sf 191,271 sf 103,799 sf
Median lot size 45,353 sf 37,186 sf 43,560 sf
Average building area 3,117 sf 298 sf --
Median building area 35 sf 44 sf --
Median year built 1980 1975 --
Average number of units 9 11 --
Median number of units -- 3 --

Springfield industrial property total supply

Supply United States Illinois Springfield
Number of parcels 1,184,233 65,514 49
Aggregate lot acerage 13,180,028 182,651 59
Aggregate building area 1,174,109,124 sf 3,424,666 sf --
Aggregate units 1,591,232 28,057 --

Springfield industrial property industrial mortgages

Debt United States Illinois Springfield
Number of mortgages 1,542,946 118,957 63
Average value of mortgages $15,832,923 $28,313,639 $10,331,335

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