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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1850-1950 Glenstone Ave Springfield, MO 65804

70,007 SF Built 1971
Property ID
Property summary
AI-generated overview

This 70,007 square foot retail and office center, located at 1850-1950 S. Glenstone in Springfield, Missouri (zip code 65804), presents a unique investment opportunity. The property, built in 1971 and situated on a 4.874-acre lot, is zoned for general retail use. Currently, there are four suites available, with a minimum divisible space of 1,782 square feet and a maximum contiguous space of 3,600 square feet. A total of 11,482 square feet is currently vacant. The center enjoys a high-traffic location at a busy intersection, boasting an estimated 69,000 cars per day. Its prominent position includes the historic Plaza Theatre, a well-known landmark. The property benefits from strong neighboring businesses, including Central Bank, Academy Hair Design, Jersey Mike's, Dancing Mule Coffee Company, Brown Derby Wine Center, Avanzare Italian Dining, Best Western/VIB, Village Inn, Plaza Towers, and Mercy Hospital, among others. This established center offers excellent potential for a variety of retail and office tenants. The property's location and high visibility make it an ideal investment for those seeking a strong return in a thriving Springfield market. Greene County location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1971
Total area 70,007 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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