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    1212 Glenstone Ave Springfield, MO 65804

    Sponsored
    For Sale
    $650,000

    Prime Springfield storefront, 3,303 sq ft

    Property size:
    3,303 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 3,303 square foot retail storefront, located at 1212 S Glenstone Ave in Springfield, Missouri (zip code 65804), is available for sale or lease. The asking price is $650,000, with a price per square foot of $196.79. The property is currently vacant and zoned for Highway Commercial use. Situated near the intersection of South Glenstone and East Meadowmere, this free-standing building boasts excellent visibility on a high-traffic corridor averaging over 20,000 vehicles per day. The building features a spacious open floor plan ideal for retail use, including a large showroom area. In addition to the main showroom, the property includes four private offices and a restroom. A significant advantage is the inclusion of a +/- 600 square foot warehouse or storage area, accessible via drive-through bay doors on both the north and south sides of the building. The building's construction is a combination of glass and brick. Nearby businesses include ByRider, Title Max, Mister Car Wash, Subway, Walmart, and Dollar Tree, indicating a strong commercial presence in the immediate vicinity. This property presents a compelling opportunity for owner-users or investors seeking a high-visibility retail location in a thriving Springfield market. The lease rate is $16 per square foot per year, NNN.

    Property Features for 1212 Glenstone Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,303 SF

    HighLights

    • Sale Price: $650,000
    • Lease Rate: $16/SF/Year, NNN
    • Building Size: 3,303 Square Feet
    • Zoning: Highway Commercial
    • Market: Southeast Springfield, MO
    • Cross Streets: Glenstone & Meadowmere
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -93.262216681317
    Latitude
    37.192383248776

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    FAQs

    What type of property is this?
    Individual retail property - Prime Springfield storefront, 3,303 sq ft
    Where is this individual retail property located?
    The property is located at 1212 Glenstone Ave Springfield, MO.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Sale Price: $650,000; Lease Rate: $16/SF/Year, NNN; Building Size: 3,303 Square Feet
    Request Owner's contact information
    1212 Glenstone Ave Springfield, MO 65804
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    Springfield, MO 65804
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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
    1212 Glenstone Ave Springfield, MO 65804
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