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    516 N Franklin Ave Springfield, MO 65802

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    For Sale
    $50,000

    0.36-acre development parcel available in Springfield, Missouri.

    Property size:
    15,768 SF
    Lot size:
    15.00 Acres

    Property Features for 516 N Franklin Ave

    General Information

    Size
    15,768 SF
    Lot size
    15.00 Acres

    Source: Jack Rankin Agent Jack Rankin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Parcel in Springfield, Missouri

    This approximately 0.36-acre development parcel is available for sale at 516 N. Franklin Ave in Springfield, Missouri. The site, totaling 15768 square feet, has all utilities and is zoned Heavy Manufacturing (HM). The property is located just east of the intersection of Kansas Expressway and Chestnut Expressway, near Government Plaza and Downtown Springfield. The surrounding area is home to a number of businesses and institutions, including Springfield-Greene County Health, Ozark Technical Community College, Drury University, Green County Circuit Court, Springfield Police Department, United States Postal Service, Mother's Brewing Company, Civil Kitchen, and Black Sheep Burgers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.3048867
    Latitude
    37.2131655

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    FAQs

    What type of property is this?
    Land - 0.36-acre development parcel available in Springfield, Missouri.
    Where is this land located?
    The property is located at 516 N Franklin Ave Springfield, MO.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Zoned heavy manufacturing (HM); - All utilities available on site; - +/- 0.36-acre development parcel
    (417) 860-9951
    Request Owner's contact information
    516 N Franklin Ave Springfield, MO 65802
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    Springfield, MO 65802
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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
    516 N Franklin Ave Springfield, MO 65802
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