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    3412 Chestnut Expy Springfield, MO 65802

    For Sale
    $170,000

    0.59-acre lot in thriving development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 0.59-acre commercial lot is situated in the vibrant Chestnut Crossing development in Springfield, Missouri. Located at the southeast corner of Chestnut Expressway and West Bypass, this property benefits from its strategic position within a Price Cutter-anchored retail center. The lot is zoned for planned development, offering flexibility for a variety of retail and office uses, making it an ideal investment opportunity for entrepreneurs and businesses seeking high visibility and convenient access. The property's location within a Community Improvement District (CID) may offer additional economic advantages. Detailed surveys are available upon request. This exceptional location provides excellent exposure to high traffic counts, ensuring strong potential for business growth and return on investment. The asking price for this prime commercial land is $170,000. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The address is 3412 W Chestnut Expy, Springfield, MO 65802.

    Property Features for 3412 Chestnut Expy

    General Information

    Property type
    Land
    Lot Size
    25,700 SF

    HighLights

    • $170,000 asking price.
    • 0.59‑acre commercial land parcel.
    • Located in Springfield, MO, at 3412 W Chestnut Expy, in Greene County, zip code 65802.
    • Situated in a Price Cutter‑anchored development (Chestnut Crossing).
    • Planned Development zoning allows for various retail and office uses.
    • Located within a Community Improvement District (CID).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.346978511433
    Latitude
    37.212149837369

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    FAQs

    What type of property is this?
    Land - 0.59-acre lot in thriving development
    Where is this land located?
    The property is located at 3412 Chestnut Expy Springfield, MO.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: $170,000 asking price.; 0.59-acre commercial land parcel.; Located in Springfield, MO, at 3412 W Chestnut Expy, in Greene County, zip code 65802.
    (417) 889-4444
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    3412 Chestnut Expy Springfield, MO 65802
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    Springfield, MO 65802
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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
    3412 Chestnut Expy Springfield, MO 65802
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