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    3851 W Univ St Springfield, MO

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    For Sale
    $815,000

    Commercial land with utilities, near retail and planned multi-family.

    Lot size:
    1.50 Acres

    Property Features for 3851 W Univ St

    General Information

    Lot size
    1.50 Acres

    Source: Moreno Group Commercial Realty Agent Caleb Moreno

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

    Overview

    Commercial Land with Retail Presence

    This commercial land benefits from a strong retail environment and is shadowed by Menard's. All necessary infrastructure and utilities are available on-site. The property is situated in front of a planned development of 192 multi-family units, potentially increasing local traffic and customer base.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2922989
    Latitude
    37.2089572

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with utilities, near retail and planned multi-family.
    Where is this commercial land located?
    The property is located at 3851 W Univ St Springfield, MO.
    What is the asking price?
    The asking price for this property is $815,000.
    What are key features of this property?
    This property features: - Located in front of 192 planned multi-family units; - Heavy retail presence; - Menard's shadowed
    (417) 496-5338
    Request Owner's contact information
    3851 W Univ St Springfield, MO
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    Springfield, MO
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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
    3851 W Univ St Springfield, MO
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