Current Use by Public Records
- Land
Property Details for 3851 Univ St
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5-acre commercial land parcel presents a remarkable investment opportunity in southwest Springfield, Missouri. Strategically located on West University Street, the property enjoys a prime position directly across from a substantial 192-unit multi-family development (estimated completion July 2026), The Vibe Crossing. This high-traffic area boasts a dense concentration of established retail businesses, including a Menard's, Springfield Plaza (a 150,000 square foot retail center), Casey's General Store, Whataburger, Taco Bell, and Discount Tire. The property's General Retail zoning allows for a wide range of development possibilities, capitalizing on the significant existing retail presence and the anticipated influx of residents from the new multi-family complex. All necessary infrastructure and utilities are readily available on-site, simplifying the development process. The property's location within a rapidly expanding commercial corridor, coupled with its proximity to major retailers like Walmart Supercenter, Ross, Petco, Ulta, Burlington, and Five Below, ensures strong potential for future growth and high return on investment. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area of Springfield, Missouri. The asking price is $815,000. The property is located at 3851 W Univ St, Springfield, MO 65807, in Greene County.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.3595
- Latitude
- 37.1831
