3111 NORMANDY Drive

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3111 NORMANDY Drive

Springfield, IL 62703-0000
Asking Price
$460K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building spans 15,100 square feet
  • Asset listed for sale at $460,000
  • Located on Normandy Drive in Springfield Illinois
  • Property situated within a stable Midwestern capital market
  • Zoned for professional business and administrative uses

What's Special

This traditional office property measures 15,100 square feet and sits at 3111 Normandy Drive in Springfield, Illinois. The asset serves as a functional workspace within a regional hub known for its stable government and healthcare sectors. Springfield provides a central location in the state with connectivity to major regional transit routes, supporting diverse business operations. The floor plan allows for various corporate configurations, making the site suitable for businesses seeking a private professional environment or organizations requiring administrative space near the heart of the capital city. Its proximity to key urban amenities ensures accessibility for both employees and clients. Investors may view this acquisition as a practical addition to an office portfolio in a consistent Midwestern market. The facility provides clear utility for local firms looking to secure an established footprint in this well-connected area of the city.

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NOI
$80,000
Cap Rate
17.39%
DSCR
2.93
Strong
Cash-on-Cash
38.18%
Monthly Payment
$2,275.829
Annual Cash Flow
$52,690.052

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