Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3003-3047 Kansas Expy Springfield, MO 65807

    Sponsored
    For Sale
    $6,400,000

    Springfield, MO Retail Investment Opportunity

    Property size:
    47,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 47,500 square foot shopping center presents a compelling investment opportunity in Springfield, Missouri. Located at 3003-3047 S. Kansas Expressway, this multi-tenant property sits on a 5.66-acre lot, offering excellent visibility and accessibility across from a Hy-Vee grocery store at the intersection of S. Kansas Expressway and W. Battlefield Rd. The property comprises four buildings, currently housing a diverse mix of established tenants including WellSpring School of Allied Health, Paul Mitchell The School, Hanger Prosthetics, and J&M Engineering. The property is zoned for general retail use, providing flexibility for future development or tenant diversification. The asking price is $6,400,000, translating to a price per square foot of $134.74. This is a triple-net (NNN) leased property, meaning each tenant is responsible for their pro-rata share of real estate taxes, insurance, and common area maintenance, minimizing the owner's operational responsibilities and maximizing passive income potential. The property's strong tenant base, prime location, and favorable lease structure make it an attractive investment for discerning buyers seeking a stable and appreciating asset in a thriving market. This is a rare opportunity to acquire a well-established, income-producing shopping center in a high-traffic area of Springfield, Missouri. The property's size, location, and tenant mix offer significant potential for long-term growth and return on investment.

    Property Features for 3003-3047 Kansas Expy

    General Information

    Property type
    Lifestyle centers
    Square Feet
    47,500 SF
    Lot Size
    246,550 SF

    Building Details

    Buildings
    4

    HighLights

    • Triple‑Net (NNN) leases; tenants responsible for taxes, insurance, and common area maintenance (CAM).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -93.31642008
    Latitude
    37.15967534

    Nearby Similar for Sale

    • $449,900
      0.38 Acres

      Mixed-Use Property in Prime Location

      Versatile mixed-use property with office space and residential apartment.
      1213 Estate Ave E, Springfield, MO 65802
      View Details
    • $800,000
      0.82 Acres

      Prime Industrial Opportunity in Springfield

      Versatile industrial property with warehouse and renovated office space.
      2752 E Kearney St, Springfield, MO 65803
      View Details
    • $850,000
      0.11 Acres

      Historic C-Street Commercial Building

      Versatile commercial property in Springfield's Historic C-Street district.
      229 E Commercial St, Springfield, MO 65803
      View Details
    • $1,500,000
      11,050 SF

      Renovated Multifamily Property in Springfield

      Recently renovated 13-unit apartment building in Springfield, Missouri.
      2420 E Blaine St, Springfield, MO 65803
      View Details
    • $1,375,000
      7,080 SF

      Renovated Multifamily Near MSU

      Six-unit apartment building near MSU with recent renovations.
      1315 E Elm St, Springfield, MO 65802
      View Details
    • $699,000
      0.44 Acres

      Historic Office Building in Springfield

      Converted office building in historic district near downtown and university.
      1201 E Walnut St, Springfield, MO 65802
      View Details
    • $225,000
      1,498 SF

      Springfield Multi-Family Investment Opportunity

      Three single-family homes in Springfield, MO, generating monthly rental income.
      1042-1052 Commercial St, Springfield, MO 65803
      View Details
    • $425,000
      0.28 Acres

      Springfield Multifamily Townhomes For Sale

      Two connected townhomes in Springfield, Missouri, available together or separately.
      3749-3753 N Pickwick Ave, Springfield, MO 65803
      View Details
    • $989,000
      0.84 Acres

      Restored Office Building Near Sunshine

      Remodeled office building with modern amenities and convenient location.
      2049 S Brentwood Blvd, Springfield, MO 65804
      View Details
    • $585,000
      0.11 Acres

      Historic C-Street Commercial Property

      Versatile commercial space in Springfield's Historic C-Street district.
      229 E Commercial St, Springfield, MO 65803
      View Details
    • $499,800
      0.13 Acres

      Springfield Multifamily Investment Opportunity

      Two 3-bedroom homes built in 2023, great investment opportunity.
      2644 N Prospect Ave, Springfield, MO 65803
      View Details
    • $549,000

      Springfield Office Suite with Media

      Versatile office suite with media production capabilities in Springfield.
      1531 E Bradford Pkwy, Springfield, MO 65804
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Springfield, MO Retail Investment Opportunity
    Where is this lifestyle center located?
    The property is located at 3003-3047 Kansas Expy Springfield, MO.
    What is the asking price?
    The asking price for this property is $6,400,000.
    What are key features of this property?
    This property features: Triple-Net (NNN) leases; tenants responsible for taxes, insurance, and common area maintenance (CAM).; ;
    Request Owner's contact information
    3003-3047 Kansas Expy Springfield, MO 65807
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3003-3047 Kansas Expy
    Springfield, MO 65807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3003-3047 Kansas Expy Springfield, MO 65807
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.