1100 Kearney St Springfield, MO 65803
This exceptional investment opportunity presents a ±42,481 square foot former school building situated on a generous 3.9-acre lot in northeast Springfield, Missouri. Located conveniently near the intersection of Kearney Street and National Avenue, this two-story building, including a basement, offers significant potential for redevelopment. Constructed in 1905, the property boasts a rich history and unique architectural character. The current zoning designation is Highway Commercial & Residential Townhouse (HC & R-TH), providing flexibility for a variety of potential uses. All square footage measurements are based on an appraisal conducted on October 3, 2024, by Southwest Valuation. The property's Assessed Parcel Number (APN) is 881312102013. The sale is contingent upon the seller's approval of the buyer's intended use. This is a remarkable opportunity to acquire a substantial property with significant redevelopment potential in a desirable Springfield location. Serious inquiries only.
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Robberson Elementary School High School
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.