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Downtown Springfield Land Opportunity
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517 E Elm St, Springfield, MO 65806

Ground lease or build-to-suit opportunity in Springfield's downtown.

Space SizeContact for details
Lot Size0.48 Acres
Days on Market204

Property Features for 517 E Elm St

General Information

Standard status Active
Lot size 0.48 Acres
Property subtype Land
Lease Term NNN

Spaces For Lease

at 517 E Elm St
Land Lease $1.75/SF/Yr
Type Other
Term Negotiable
Contact us
Listing Agency: SVN | Rankin Company, LLC
Listed By: Jeff Childs, SIOR, CCIM · License #1999029641
Source: Svn
Added: Mar 26 Changed: Oct 4 Last Checked: Oct 14 at 9:17PM

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 commercial land is available for ground lease or build-to-suit at $1.75 per square foot per year NNN. The property, approximately 0.48 acres, is situated in the heart of Springfield's downtown area and features frontage on E. Elm St. It offers redevelopment potential and is located adjacent to the Missouri State University (MSU) campus and next door to the Tru Hotel.

Key Highlights

  • Excellent redevelopment potential in Springfield's Downtown area.
  • Prime location adjacent to the MSU campus.
  • High‑visibility frontage on E. Elm St.

Property Analytics

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Current Use

Tru by Hilton ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Wine and Liquor Store Veterinary Clinic Catering Service Pet Store & 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,214
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground lease or build-to-suit opportunity in Springfield's downtown.
Where is this commercial land located?
The property is located at 517 E Elm St Springfield, MO.
What are key features of this property?
This property features: Excellent redevelopment potential in Springfield's Downtown area.; Prime location adjacent to the MSU campus.; High‑visibility frontage on E. Elm St.
More about this property
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