0 Kearney And Kansas Springfield, MO 65803
This exceptional 2.83-acre commercial land parcel presents a remarkable opportunity for development in Springfield, Missouri. Located at the hard corner of Kearney and Kansas, this site boasts exceptional visibility and accessibility, with a signalized intersection and three points of entry. The property is strategically positioned just 0.65 miles south of I-44 and MO-13, ensuring high traffic counts estimated at 50,000 vehicles daily. Its HC (Highway Commercial) zoning allows for a wide range of commercial uses. The site benefits from its proximity to numerous national retailers including Walmart, Lowe's, Hobby Lobby, Walgreens, and many fast-food restaurants, creating a robust and established retail environment. The property is part of Springfield's Kearney revitalization efforts, and all utilities are readily available. The plat is recorded, and the site is prepared for immediate development, making this an ideal location for businesses seeking high visibility and strong traffic flow. This is a rare opportunity to acquire a prime commercial lot in a thriving retail corridor. The asking price is $1,750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.