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    2939 Kearney St Springfield, MO 65803

    For Sale
    $2,750,000

    8.36 Acres, High Visibility, $2.75M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.36-acre commercial land parcel presents a remarkable investment opportunity in Springfield, Missouri. Located at the highly visible northeast corner of E. Kearney Street and Packer Road, this hard corner property boasts approximately 375 feet of frontage on E. Kearney and over 900 feet of frontage on Packer Road. The intersection is fully lighted, ensuring excellent visibility for any commercial development. Utilities are readily accessible, with sewer located on the east side of Packer Road and gas, water, and electric running along the north side of Kearney Street. This strategic location offers convenient access to major transportation arteries, including the Highway 65 and Kearney Street interchange (half a mile west) and Interstate 44 to the north. The property's Commercial Services zoning allows for a wide range of development possibilities. Furthermore, there is an additional 26+ acres available for purchase immediately west of this parcel, presenting potential for expansion or synergistic development. This is a rare opportunity to acquire a significant commercial land holding in a high-growth area of Springfield. The asking price is $2,750,000.

    Property Features for 2939 Kearney St

    General Information

    Property type
    Land
    Lot Size
    364,162 SF

    HighLights

    • 8.36‑acre commercial land parcel in Springfield, MO.
    • High‑visibility hard corner location at E. Kearney St. and Packer Rd. with 375 ft. of frontage on E. Kearney and over 900 ft. on Packer Rd.
    • Fully lighted intersection, readily accessible utilities, and convenient access to major transportation arteries (Highway 65 & I‑44).
    • Commercial Services zoning allows diverse development options.
    • Adjacent 26+ acres available for expansion; asking price $2,750,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Formerly Holiday Drive-in Park Luttrell's Auction Barn Auction House

    Suggested Use

    Restaurant Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Clothing Store Nail Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2344319
    Latitude
    37.2396399

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    FAQs

    What type of property is this?
    Land - 8.36 Acres, High Visibility, $2.75M
    Where is this land located?
    The property is located at 2939 Kearney St Springfield, MO.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: 8.36-acre commercial land parcel in Springfield, MO.; High-visibility hard corner location at E. Kearney St. and Packer Rd. with 375 ft. of frontage on E. Kearney and over 900 ft. on Packer Rd.; Fully lighted intersection, readily accessible utilities, and convenient access to major transportation arteries (Highway 65 & I-44).
    (417) 887-8826
    Request Owner's contact information
    2939 Kearney St Springfield, MO 65803
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    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
    2939 Kearney St Springfield, MO 65803
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