Property profile

0 Chestnut Expy Springfield, MO 65802

OFF-MARKET
Land
2.1 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 2.1 ac (91,476 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Chestnut Expy Springfield, MO 65802
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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