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    FOR SALE
    Retail space

    1430 W Kearney St, Springfield, MO 65803

    6,065 SF 0.46 ac lot Built 1972
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US48-0348701
    Property summary
    AI-generated overview

    This exceptional 6,065-square-foot commercial property in Springfield, Missouri, presents a unique investment opportunity. Located at 1430 W Kearney St, 65803, this single-tenant building boasts a versatile layout combining approximately 3,305 square feet of retail/office space with an additional 2,760 square feet of warehouse area. The structure, built in 1972, features a red-iron frame, high ceilings, and a convenient overhead door with loading dock in the warehouse section. Heating is provided by a natural gas forced-air system. Ample parking is available, enhanced by a prominent pole sign along Kearney Street. The property benefits from a high-traffic location, situated on a signalized intersection with a combined average annual daily traffic count of 34,168 vehicles. Nearby businesses include national retailers and quick-service restaurants, along with a recently developed car wash. The property is zoned Highway Commercial and enjoys a strong trade area. 2023 property taxes totaled $6,572.84. The property is classified as Class B and is currently vacant. NNN expenses are estimated at $2.50 per square foot annually. This prime location and versatile space offer significant potential for a variety of businesses.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1972
    Total area 6,065 SF
    Lot 0.46 ac (19,907 SF)
    Zoning code INC
    APN 88-13-11-204-006
    UPID US48-0348701
    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
    • Other Mothers Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $390k
    CAP Approach CAP
    $695k
    Comparable Approach Comparable
    $492k
    Blend (final) Blend
    $525k
    Owner & transaction history
    J & L Property LLC · 14 yrs held
    J & L Property LLC
    since 2011
    2 recorded transactions
    2011
    2010
    Zoning & alternative use
    INC · Springfield, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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