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    639 Walnut St Springfield, MO 65806

    For Sale
    $350,000

    1,096 SF Retail Building - $350K

    Property size:
    1,096 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,096 square foot retail building, located at 639 W Walnut Street in Springfield, Missouri, presents a fantastic investment opportunity. Built in 1936, the property sits on a 0.355-acre lot and boasts convenient GAP-A zoning. The asking price is $350,000, translating to $319.34 per square foot. Ample parking is available, with spaces located in front, rear, and on the street, ensuring easy access for customers and employees. The property consists of a single unit, ideal for a variety of retail uses. The 2023 real estate taxes totaled $3,135.54. This well-situated building offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving location in Springfield's vibrant commercial district. The property's strategic location at the intersection of Grant and Walnut Streets, within the GAP-A zoning district, provides significant potential for growth and success. This is a rare opportunity to acquire a well-maintained retail space in a prime location. Serious inquiries are encouraged.

    Property Features for 639 Walnut St

    General Information

    Property type
    Retail properties
    Square Feet
    1,096 SF
    Lot Size
    15,464 SF

    Building Details

    Year Built
    1936
    Units
    1

    HighLights

    • 1,096 SF retail building for sale at 639 W Walnut Street, Springfield, MO.
    • GAP‑A zoned property located on Grant & Walnut Streets.
    • Ample parking available: front, rear, and street.
    • 2023 real estate taxes: $3,135.54.
    • Asking price: $350,000 ($319/SF).
    • Contact listing agent for showing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rogue Barber Co. ... Barber Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2985123
    Latitude
    37.2074512

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    FAQs

    What type of property is this?
    Retail property - 1,096 SF Retail Building - $350K
    Where is this retail property located?
    The property is located at 639 Walnut St Springfield, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1,096 SF retail building for sale at 639 W Walnut Street, Springfield, MO.; GAP-A zoned property located on Grant & Walnut Streets.; Ample parking available: front, rear, and street.
    (417) 522-9940
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    639 Walnut St Springfield, MO 65806
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    Springfield, MO 65806
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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
    639 Walnut St Springfield, MO 65806
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