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    Chestnut Expy Springfield, MO 65802

    For Sale
    Contact for pricing

    Prime Springfield, MO commercial lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land opportunity presents a unique investment prospect in Springfield, Missouri. Located on West Chestnut Expressway, just west of Interstate 44, these lots boast unparalleled visibility and accessibility. The property comprises several parcels ranging from 2.1 to 8.8 acres, providing flexibility for various development projects. The zoning designation is Planned Development 295, allowing for a wide range of commercial uses. High traffic counts contribute to significant exposure, with 37,391 vehicles passing daily on I-44 and 7,550 on Chestnut Expressway itself. This strategic location offers significant advantages, particularly given its proximity to Allison Sports Town, a major sports complex attracting thousands of participants annually. While parts of the property fall within the Airport Overlay district, the potential for development remains substantial. The lots are available for lease, sale, or build-to-suit arrangements, catering to diverse investment strategies. This is an ideal location for businesses seeking high visibility and convenient access to major transportation arteries in a thriving Springfield community. Detailed zoning information and development guidelines are available upon request. The property's address is W Chestnut Expy, Springfield, MO 65802, in Greene County.

    Property Features for 0 Chestnut Expy

    General Information

    Property type
    Land
    Lot Size
    91,476 SF

    HighLights

    • Exceptional commercial land investment opportunity in Springfield, MO, on West Chestnut Expressway near I‑44.
    • Multiple parcels available, ranging from 2.1 to 8.8 acres, offering development flexibility.
    • Planned Development 295 zoning allows diverse commercial uses.
    • High traffic counts: 37,391 vehicles daily on I‑44 and 7,550 on Chestnut Expressway.
    • Prime location near Allison Sports Town, a major sports complex.
    • Lease, sale, or build‑to‑suit options available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.3402397
    Latitude
    37.2121744

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    FAQs

    What type of property is this?
    Land - Prime Springfield, MO commercial lots.
    Where is this land located?
    The property is located at Chestnut Expy Springfield, MO.
    What are key features of this property?
    This property features: Exceptional commercial land investment opportunity in Springfield, MO, on West Chestnut Expressway near I-44.; Multiple parcels available, ranging from 2.1 to 8.8 acres, offering development flexibility.; Planned Development 295 zoning allows diverse commercial uses.
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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
    Chestnut Expy Springfield, MO 65802
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