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    2101 Glenstone Ave Springfield, MO 65804

    Sponsored
    For Lease
    $1.38 SF/Yr

    1.2-Acre Retail/Restaurant Lot in Springfield, MO

    Lot size:
    52,229 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.2-acre commercial land parcel, totaling 52,229 square feet, is ideally situated at 2101 S. Glenstone Ave in Springfield, Missouri, zip code 65804. The rectangular lot boasts high visibility and accessibility, featuring two driveways on Glenstone Avenue and two on Waverly Avenue. Its General Retail zoning makes it perfect for a variety of uses, including retail establishments and restaurants. The property benefits from a high traffic count, ensuring significant exposure for any business. Previous underground fuel tanks have been removed, eliminating potential environmental concerns. While existing improvements are present, no value has been assigned to them. The lease terms include a base monthly rent of $6,000, plus the tenant is responsible for real estate taxes, property insurance, and maintenance. This prime location offers a unique opportunity for businesses seeking high-traffic exposure in a thriving Springfield commercial area. Detailed site plans are available upon request. The property is offered as a single-tenant lease.

    Property Features for 2101 Glenstone Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    52,229 SF

    Unit(s) available at that property

    Space
    Size
    52,229 SF
    Rate per SF
    $1.38
    Property Profile Location Intelligence

    Current Use by Public Records

    CENEX Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -93.262524645874
    Latitude
    37.176307561272

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    FAQs

    What type of property is this?
    Land - 1.2-Acre Retail/Restaurant Lot in Springfield, MO
    Where is this land located?
    The property is located at 2101 Glenstone Ave Springfield, MO.
    What is the lease rate?
    The lease rate is $1.38 SF/Yr.
    Request Owner's contact information
    2101 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
    2101 Glenstone Ave Springfield, MO 65804
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