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    420 Sunshine St Springfield, MO 65807

    For Sale
    $450,000

    Prime Springfield, MO commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.468-acre commercial land parcel, located at 420 E Sunshine St in Springfield, Missouri (Greene County, zip code 65807), presents a unique investment opportunity. The property, identified by APN 1336203001, is zoned for Limited Business use and offers significant advantages for developers and businesses alike. Its strategic location provides excellent visibility and high traffic counts, ensuring maximum exposure for any commercial venture. The lot is a desirable corner lot, enhancing its accessibility and prominence. Further enhancing its appeal, the property includes an existing in-ground detention system and a shared cross-access drive, simplifying development and reducing infrastructure costs. Its "pad-ready" nature streamlines the construction process, allowing for a quicker return on investment. The property's proximity to major attractions such as Bass Pro Shops and Wonders of Wildlife National Museum & Aquarium guarantees a substantial customer base and high foot traffic. This is an exceptional opportunity to acquire a well-situated commercial lot in a thriving area of Springfield, Missouri. The asking price for this remarkable property is $450,000.

    Property Features for 420 Sunshine St

    General Information

    Property type
    Land
    Lot Size
    20,386 SF

    HighLights

    • High visibility from major thoroughfare.
    • Excellent location in a high‑traffic area.
    • Desirable corner lot with maximum exposure.
    • Adjacent to Bass Pro Shops.
    • Near Wonders of Wildlife National Museum & Aquarium.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.289343101735
    Latitude
    37.181908776018

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    FAQs

    What type of property is this?
    Land - Prime Springfield, MO commercial lot.
    Where is this land located?
    The property is located at 420 Sunshine St Springfield, MO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; Excellent location in a high-traffic area.; Desirable corner lot with maximum exposure.
    (417) 350-4771
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    420 Sunshine St Springfield, MO 65807
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    Springfield, MO 65807
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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
    420 Sunshine St Springfield, MO 65807
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