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    1164 South Glenstone Ave Springfield, MO 65804

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    For Sale
    $850,000

    Income-producing retail property with long-term tenant in Springfield, Missouri.

    Property size:
    1,800 SF

    Property Features for 1164 South Glenstone Ave

    General Information

    Size
    1,800 SF

    Source: Jack Rankin Agent Jack Rankin

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

    Overview

    Glenstone Avenue Retail Investment Property

    This income-producing retail property is available for sale and is located on South Glenstone Avenue in Springfield, Missouri. The property has an existing tenant, TitleMax, which has been a tenant since 2010, with a recent lease renewal executed July 1, 2023. The property is located near the intersection of South Glenstone Avenue and East Meadowmere Street, offering visibility and frontage on a busy traffic corridor with an average of over 20,000 vehicles per day. Surrounding businesses include ByRider, Mister Car Wash, Subway, Walmart, and Dollar Tree. The property size is 1800 square feet.
    Location Intelligence

    Current Use by Public Records

    TitleMax Title Loans Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Tims Florist | Flower Delivery Springfield MO, BLOSSOMS FLORAL LLC, Gelven Florist, RosAmungThorns Flowers & Gifts, The Nest

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2616719
    Latitude
    37.1926957

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    FAQs

    What type of property is this?
    Storefront property - Income-producing retail property with long-term tenant in Springfield, Missouri.
    Where is this storefront property located?
    The property is located at 1164 South Glenstone Ave Springfield, MO.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Income producing property.; - Long-term tenant (TitleMax) in place since 2010 with recent lease renewal (July 1, 2023) providing immediate income.; - Excellent visibility and frontage on S Glenstone Ave.
    (417) 860-9951
    Request Owner's contact information
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    Springfield, MO 65804
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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
    1164 South Glenstone Ave Springfield, MO 65804
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