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Retail Development Lot For Sale
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3520 E Olive St, Springfield, MO 65802

11.53-acre retail development lot in a prime location.

Property SizeContact for details
Lot Size11.53 Acres
Days on Market664

Property Features for 3520 E Olive St

General Information

Standard status Active
Lot size 11.53 Acres
Property subtype Land
Zoning Planned Development 298
Listing Agency: SVN Rankin Company, LLC
Listed By: Jack Rankin · License #MO 2018038830
Source: Crexi
Added: Oct 28, 2024 Changed: Aug 13 Last Checked: Aug 20 at 8:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Rankin Company, LLC

Investment Insights

Based on property information with market context.

This 11.53-acre retail development lot is available for sale at the signalized corner of Olive Street and Eastgate Ave in Springfield, MO. The tract can be sold as-is or subdivided into smaller tracts ranging from 2.99 to 4.53 acres. The property is in a highly desirable location directly east of Costco Wholesale and other national retailers, with access and exposure to over 33,887 vehicles per day on E Chestnut Expressway and over 60,000 vehicles per day on US Highway 65. The site is zoned Planned Development 298. A preliminary site layout showcasing up to 135,000 SF of buildable square footage & parking garage has been completed. The location is near many local and national retailers, restaurants, wholesalers, and other businesses, with immediate access to major thoroughfares including US Highway 65 and E. Chestnut Expressway. Neighboring businesses include Costco Wholesale, Menards, Mister Car Wash, Jiffy Lube, Domino's Pizza, Taco Bell, McDonalds, Beef-a-Roo, and Whataburger. Permitted uses and use restrictions are available from the listing broker.

Key Highlights

  • Prime location directly east of Costco Wholesale and other national retailers.
  • High traffic exposure: Over 33,887 vehicles per day on E Chestnut Expressway and over 60,000 vehicles per day on US Highway 65.
  • 11.53‑acre tract can be sold as‑is or subdivided into smaller tracts (2.99‑4.53 acres).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Nail Salon Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 65802, MO

48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 11.53-acre retail development lot in a prime location.
Where is this commercial land located?
The property is located at 3520 E Olive St Springfield, MO.
What is the asking price?
The asking price for this property is $3,440,000.
What are key features of this property?
This property features: Prime location directly east of Costco Wholesale and other national retailers.; High traffic exposure: Over 33,887 vehicles per day on E Chestnut Expressway and over 60,000 vehicles per day on US Highway 65.; 11.53‑acre tract can be sold as‑is or subdivided into smaller tracts (2.99‑4.53 acres).
(417) 860-9951 Call to check price and availability
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