Search
Historic Mixed-Use Redevelopment Property
For Sale
$2,250,000

423 N Campbell Avenue, Springfield, MO 65806

Commercial Sale, Springfield, MO

Property SizeContact for details
Lot Size1.90 Acres
Days on Market469

Property Features for 423 N Campbell Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning HM - Heavy Mfg.
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 5
Parking 71
Directions Located at the southwest corner of N. Campbell and W. Phelps, downtown Springfield, MO.
Standard status Active
APN 1314406011
Lot size 1.90 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description JORDAN VALLEY SUBDIVISION LOT 1
Tax Annual Amount 40796
Legal Description JORDAN VALLEY SUBDIVISION LOT 1

Building Details

Year built 1895
Listing Agency: Reece Commercial
Listed By: Mark Patrick · License #1999127595
Added: Jun 23, 2025 Changed: Sep 13 Last Checked: Oct 4 at 2:06PM
MLS# 60297779

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This combined offering includes 423 N Campbell Avenue and 327 W. Phelps Street, with approximately 1.9 acres of land and several historic buildings dating to 1895. The property carries HM - Heavy Mfg. zoning and includes a newly completed surface parking lot with 71 dedicated spaces. Existing improvements provide a substantial base for adaptive reuse and mixed-use redevelopment.

The site is located in Springfield’s Jordan Valley corridor, near the C-Street district and center city amenities. It is also positioned near the Renew Jordan Creek revitalization project, planned trails and open spaces, and the forthcoming Reed Academy of Fine and Performing Arts. The two-property configuration combines redevelopment land, older industrial-era structures, and dedicated parking within an urban setting.

Key Highlights

  • Combined offering at 423 N Campbell Avenue and 327 W. Phelps Street
  • 1.9 acres across the two‑property offering
  • Historic buildings dating to 1895

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Positronic Industrial Manufacturer

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Storage Facility Locksmith Nail Salon Big Box & Wholesale Store

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

2,046
Businesses Nearby

Demographics for 65806, MO

12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic buildings and a finished surface parking lot support multiple redevelopment concepts.
Where is this mixed-use property located?
The property is located at 423 N Campbell Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Combined offering at 423 N Campbell Avenue and 327 W. Phelps Street; 1.9 acres across the two‑property offering; Historic buildings dating to 1895
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again