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    501 W Chestnut Expy Springfield, MO 65802

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    For Lease
    $850,000

    3,588 SF freestanding building suitable for restaurant or retail.

    Property size:
    3,588 SF
    Lot size:
    0.44 Acres

    Property Features for 501 W Chestnut Expy

    General Information

    Size
    3,588 SF
    Lot size
    0.44 Acres

    Source: Gerald Zamora Agent Gerald Zamora

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

    Overview

    Freestanding Restaurant/Retail Building Available

    This freestanding building offers 3,588 square feet of space suitable for restaurant or retail use. The property includes 30+ parking spaces. Real estate taxes for 2022 were $15,509.26. The building is located on Chestnut Expressway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Phillips 66 Car Wash Fast 'N Friendly Convenience Store CreAsian Chinese Restaurant Wehr Fourt Ye ... Car Wash

    Suggested Use

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

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

    Similar Places Nearby

    Traveling Chef, LLC, Aladdin

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.294792
    Latitude
    37.215809

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    FAQs

    What type of property is this?
    Restaurant - 3,588 SF freestanding building suitable for restaurant or retail.
    Where is this restaurant located?
    The property is located at 501 W Chestnut Expy Springfield, MO.
    What are key features of this property?
    This property features: - Freestanding Restaurant/Retail Building; - Offering 3,588 SF of space; - Benefit from 30+ parking spaces
    (417) 522-9940
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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
    501 W Chestnut Expy Springfield, MO 65802
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