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    1212 S Grant Ave Springfield, MO 65807

    For Lease
    $3,000 /Mo ($19 SF/Yr)

    Former carry-out restaurant space near Parkview High School.

    Property size:
    1,885 SF
    Lot size:
    1,885 SF

    Property Features for 1212 S Grant Ave

    General Information

    Size
    1,885 SF

    Building Details

    Year built
    1965

    Source: Lee McLean III, SIOR, CCIM Agent Lee McLean III, SIOR, CCIM

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

    Overview

    Former Carry-Out Restaurant Space

    This former carry-out restaurant is located next to Parkview High School in Springfield, Missouri. The building has a size of 1,885 square feet and sits on a 0.5-acre lot. The infill includes a drive-thru window, two walk-ins, and a small hood. The property was most recently used as a carry-out only pizza restaurant without a dining area. The location is near the intersections of S Grant Ave and W Catalpa St, adjacent to Parkview High School and many new apartment units under construction. Neighboring businesses include Casey's, Great Southern Bank, Walmart Neighborhood Market, Sonic Drive-In, Taco Bell, Raising Cane's Chicken Fingers, Wendy's, and The UPS Store, along with other local and national businesses. The zoning is Grant Ave. Parkway Subdistrict. This area contains several new apartments and other new developments adding significant activity and traffic. The property is suitable for drive-through restaurants, restaurants, retail properties, and turn-key restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2981889
    Latitude
    37.2215521

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    FAQs

    What type of property is this?
    Drive through restaurant - Former carry-out restaurant space near Parkview High School.
    Where is this drive through restaurant located?
    The property is located at 1212 S Grant Ave Springfield, MO.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location next to Parkview High School and new apartment developments.; - Drive-thru window already in place.; - Existing infrastructure includes **two walk-in coolers and a small hood**.
    (417) 818-8894
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    1212 S Grant Ave Springfield, MO 65807
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    Springfield, MO 65807
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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
    1212 S Grant Ave Springfield, MO 65807
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