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    1845 Turner St Springfield, MO 65803

    Sponsored
    For Lease
    $8 SF/Yr ($7,520 /Mo)

    Prime Retail/Office Space, High Traffic Area

    Lot size:
    11,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 11,280 square foot, single-story Class B commercial building, located at 1845 E Turner St, Springfield, MO 65803, presents a unique investment opportunity. Built in 1979 and extensively renovated in 2022, the property features a modern façade, landscaping, and improved parking area. The building comprises five suites, with 5,439 square feet currently vacant, offering spaces ranging from 1,249 to 3,188 square feet. Situated on 1.04 acres of land, it benefits from a highly visible location near the intersection of Glenstone and Kearney Streets, a major thoroughfare with approximately 230,500 annual visitors. The property shares a parking lot with Big Shots Golf and enjoys proximity to a Walmart Supercenter, ensuring high foot traffic and visibility. The ample 60-space parking lot caters to both tenants and customers. Zoned for Highway Commercial use (APN 12-08-201-503), this property offers significant potential for a variety of businesses. Building taxes are $1.05 per square foot. Signage opportunities are available on the Big Shots Golf sign (additional charges apply). No elevators are present. The property is located in the Kearney-Glenstone submarket, Northeast Springfield.

    Property Features for 1845 Turner St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,280 SF
    Class
    B
    Total Rate
    7520

    Building Details

    Year Built/Renovated
    1979/2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    B
    Size
    1,249 SF
    Rate per SF
    $8
    Space
    D
    Size
    2,240 SF
    Rate per SF
    $10
    Space
    C
    Size
    1,950 SF
    Rate per SF
    $10
    Space
    A
    Size
    3,188 SF
    Rate per SF
    $10

    HighLights

    • 2021‑2022 building renovation.
    • Adjacent to Big Shots Golf.
    • Newly landscaped grounds.
    • High daytime pedestrian traffic.
    • Property taxes fixed through 2030.
    Property Profile Location Intelligence

    Current Use by Public Records

    Howie Wehmeyer - State ... Insurance Agency Andrew Ford Physical Therapist Schuchmann Meat Company ... Butcher Shop Deli

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2591218
    Latitude
    37.23855718

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail/Office Space, High Traffic Area
    Where is this individual retail property located?
    The property is located at 1845 Turner St Springfield, MO.
    What is the lease rate?
    The lease rate is $8-$10 SF/Yr.
    What are key features of this property?
    This property features: 2021-2022 building renovation.; Adjacent to Big Shots Golf.; Newly landscaped grounds.
    Request Owner's contact information
    1845 Turner St Springfield, MO 65803
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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
    1845 Turner St Springfield, MO 65803
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