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Property profile

2240 N Grant Ave Springfield, MO 65803

FOR SALE
Retail space
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Property ID
US48-3360271
1,362 SF 0.1 ac Built 1953
Last sale May 2025·$80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
2240 N Grant Ave, Springfield, MO 65803 For Sale 1 / 24
$164,999 1,362 SF
2240 N Grant Ave, Springfield, MO 65803
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$22k
Assessed land$6k
Assessed improvement$16k
Effective rate6.37%

Value estimate

· Nov 2026
$90k
$81k – $99k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$803
Operating expenses−$4k
NOI · 8.13% cap applied$13k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.13%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INC
JurisdictionGREENE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.0
Realty agency9.9
HVAC Service9.8

Location

2240 N Grant Ave Springfield, MO 65803
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
650 Kearney, Springfield, MO 65803-2550 $40,000 Jan 2024 3,359 SF
2154 Grant, Springfield, MO 65803-1436 $75,000 Aug 2019 640 SF
521 Kearney, Springfield, MO 65803-2523 $70,000 Jul 2019 2,584 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $190,000
    1,716 SF
    1355 Kearney St
    RETAIL STORES (PERSONAL SERVICES)
    1355 Kearney St, Springfield, MO 65803-4162
    View Details
  • Value Estimation
    $370,000
    1,830 SF
    527 Kearney St
    RETAIL STORES (PERSONAL SERVICES)
    527 Kearney St, Springfield, MO 65803-2523
    View Details
  • Value Estimation
    $200,000
    1,978 SF
    504 Kearney St
    RETAIL STORES (PERSONAL SERVICES)
    504 Kearney St, Springfield, MO 65803-2524
    View Details
  • Value Estimation
    $110,000
    931 SF
    2500 Grant Ave
    RETAIL STORES (PERSONAL SERVICES)
    2500 Grant Ave, Springfield, MO 65803-1220
    View Details
  • Value Estimation
    $375,000
    2,044 SF
    2631 Glenstone Ave
    RETAIL STORES (PERSONAL SERVICES)
    2631 Glenstone Ave, Springfield, MO 65803-4739
    View Details
  • Value Estimation
    $260,000
    2,278 SF
    2109 Glenstone Ave
    FINANCIAL BUILDING
    2109 Glenstone Ave, Springfield, MO 65803-4645
    View Details

Similar Nearby for Sale

  • $210,000
    2,040 SF
    Two-Unit Storefront Property
    A separate vacant storefront offers space for an incoming business alongside an occupied unit.
    1872 -1874 N Glenstone Avenue, Springfield, MO 65803
    View Details
  • $995,000
    5,410 SF
    Redeveloped Retail Center
    Updated commercial center offering flexible suites for single-tenant or multi-tenant occupancy in Northeast Springfield.
    2003 E Kearney St, Springfield, MO 65803
    View Details
  • New
    $219,000
    5,996 SF
    Two-Building Mixed-Use Property
    A front commercial building and rear shop provide distinct customer-facing and work-space configurations.
    1640 E Florida Street, Springfield, MO 65803
    View Details
  • New
    $600,000
    6,065 SF
    Mixed-Use Building with Loading Dock
    An occupied single-tenant property combines customer-facing retail space with a warehouse area and loading dock.
    1430 W Kearney Street, Springfield, MO 65803
    View Details
  • New
    $695,000
    10,000 SF
    Mixed-Use Building
    The property combines upper-level office and retail areas with a basement suited to a range of room configurations.
    1341 E Kearney St, Springfield, MO 65803
    View Details
  • $1,605,000
    13,750 SF
    Freestanding Retail Building
    The property is fully leased and situated on a corner lot near I-44.
    2209 E Kearney St, Springfield, MO 65803
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    3,000 sqft
    Retail Pad Site in Springfield
    Retail space with high visibility and traffic in Springfield, MO.
    1831 W Kearney St, Springfield, MO 65803
    View Details
  • Contact for pricing
    3,000 sqft
    Springfield Retail Pad Site Available
    Retail opportunity with high visibility and traffic counts in Springfield.
    1825 W Kearney St, Springfield, MO 65803
    View Details
  • New
    Contact for pricing
    1,506 sqft
    Redeveloped Retail Center
    Flexible retail center offering single-tenant and multi-tenant leasing configurations with Highway Commercial zoning.
    2003 E Kearney St, Springfield, MO 65803
    View Details
  • New
    Contact for pricing
    5,600 sqft
    Corner Retail Space
    The interior is arranged as two sections, with newer HVAC and pylon signage.
    2179 S CAMPBELL AVE, Springfield, MO 65803
    View Details
  • New
    Contact for pricing
    6,065 sqft
    Flex Building with Retail and Warehouse
    Multi-use building offers front retail with glass storefronts and a warehouse with a loading dock and overhead door.
    1430 W Kearney St, Springfield, MO 65803
    View Details
  • New
    $26 SF/Yr
    4,000 sqft
    Retail Space on Kansas Expressway
    4,000 SF retail space in high-traffic Springfield location.
    2718 North Kansas Expressway, Springfield, MO 65803
    View Details
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