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Property profile & analytics
OFF-MARKET
Lifestyle centers

1137 Commercial St Springfield, MO 65803

45,206 SF 3.2 ac lot Built 1963
Property ID
Property summary
AI-generated overview

This exceptional Springfield, MO retail property presents a compelling investment opportunity. Located at the high-traffic corner of National and Commercial Streets, this 3.2-acre site encompasses a substantial 45,206 square feet of space, currently housing a successful grocery store and additional retail units. Built in 1963, the property offers a blend of leased and vacant spaces, providing immediate income and potential for future growth. The strategic location within a bustling commercial district ensures high visibility and significant foot traffic, averaging approximately 31,000 vehicles daily. Ample parking and easy accessibility cater to diverse tenant and customer needs. The property's versatility makes it ideal for expanding an existing portfolio or establishing a prominent retail presence. With its strong existing tenant base and high-traffic location, this property offers a unique blend of immediate return and long-term growth potential in a thriving Springfield market. The asking price is $2,200,000, translating to $48.67 per square foot. This prime retail center offers a rare chance to acquire a well-established, income-producing asset in a desirable location.

Property profile
Verified
Property type Lifestyle centers
Year built 1963
Total area 45,206 SF
Lot 3.2 ac (139,392 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
Current use
Occupant on record · Public records
  • Prince Smoke And Vape 2 (Bike/Boat/Book/etc) Store
  • Brown Derby Liquor Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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