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Development Parcel in Springfield, Missouri
For Sale
$37,000

516 N Franklin Ave, Springfield, MO 65802

0.36-acre development parcel available in Springfield, Missouri.

Property Size15,768 SF
Price / SF$2.35
Days on Market276

Property Features for 516 N Franklin Ave

General Information

Standard status Active
Size 15,768 SF
Property subtype Land
Listing Agency: SVN | Rankin Company, LLC
Listed By: Jack Rankin · License #2018038830
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 24 at 5:23AM

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 approximately 0.36-acre development parcel is available for sale at 516 N. Franklin Ave in Springfield, Missouri. The site, totaling 15768 square feet, has all utilities and is zoned Heavy Manufacturing (HM). The property is located just east of the intersection of Kansas Expressway and Chestnut Expressway, near Government Plaza and Downtown Springfield. The surrounding area is home to a number of businesses and institutions, including Springfield-Greene County Health, Ozark Technical Community College, Drury University, Green County Circuit Court, Springfield Police Department, United States Postal Service, Mother's Brewing Company, Civil Kitchen, and Black Sheep Burgers.

Key Highlights

  • Zoned heavy manufacturing (HM)
  • All utilities available on site
  • +/- 0.36‑acre development parcel

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Pharmacy Grocery & Convenience Store Garden Center Nail Salon (Bike/Boat/Book/etc) 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

798
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Land - 0.36-acre development parcel available in Springfield, Missouri.
Where is this land located?
The property is located at 516 N Franklin Ave Springfield, MO.
What is the asking price?
The asking price for this property is $37,000.
What are key features of this property?
This property features: Zoned heavy manufacturing (HM); All utilities available on site; +/- 0.36‑acre development parcel
More about this property
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