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    531 W Melbourne Rd Springfield, MO 65810

    For Sale
    $350,000

    Four-acre development tract located off South Campbell Ave and Plainview Rd.

    Property size:
    4 SF
    Lot size:
    4.00 Acres

    Property Features for 531 W Melbourne Rd

    General Information

    Size
    4 SF
    Lot size
    4.00 Acres

    Building Details

    Year built
    1963

    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

    Development Tract in South Springfield

    This 4-acre development tract is located in South Springfield, just off S. Campbell and Plainview Rd. The current zoning is R-1, but Greene County officials are open to considering rezoning to C-2 or possibly multifamily. The parcel is located just off the high-traffic area of South Campbell Ave. and Plainview Rd. In the immediate area are Mid-Missouri Bank, Community Blood Center of the Ozarks, Ski Shack, Sonic, R & R Tire, Southgate Baptist Church, Kum & Go, and many other local and national companies.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2996738
    Latitude
    37.115066

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    FAQs

    What type of property is this?
    Land - Four-acre development tract located off South Campbell Ave and Plainview Rd.
    Where is this land located?
    The property is located at 531 W Melbourne Rd Springfield, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - 4-acre development tract located off S. Campbell and Plainview Rd.; - High-traffic location near S. Campbell Ave.; - Potential for rezoning to C-2 or multifamily (subject to Greene County approval).
    (417) 818-8894
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    531 W Melbourne Rd Springfield, MO 65810
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    Springfield, MO 65810
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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
    531 W Melbourne Rd Springfield, MO 65810
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