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Property profile & analytics
OFF-MARKET Estimated value $3,785,000
Grocery and convenience stores

1831 Kearney St Springfield, MO 65803-1646

58,359 SF 2.89 ac lot Built 1988
Entity Owned 15-yr Hold Free & Clear
Property ID
US48-0966070
Property summary
AI-generated overview

This exceptional retail opportunity in Springfield, Missouri's Northwest Springfield submarket presents a single-tenant, 3,000-square-foot building situated on a 25,000-square-foot lot. The property, located at 1825 W Kearney St (cross streets: W Melville Rd), boasts unparalleled visibility and high traffic counts due to its strategic location just west of Kansas Expressway and in close proximity to I-44. This ensures excellent accessibility for customers. The building is a single-story structure with no elevators, ideal for a variety of retail uses. The property is zoned Commercial and has an APN of 88-13-03-404-025. The entire 3,000 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. This presents a unique chance to establish a thriving business in a high-demand area of Springfield, Missouri, with its zip code being 65803. The property's location offers a compelling combination of accessibility and high visibility, making it an attractive proposition for businesses seeking a strong foothold in the Springfield market.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1988
Total area 58,359 SF
Lot 2.89 ac (125,845 SF)
Zoning code INC
APN 88-13-03-404-025
UPID US48-0966070
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
  • Starbucks Cafe & Coffee Shop
  • Price Cutter Bakery Bakery Specialty Food Shop
  • Cardtronics ATM Atm
  • Price Cutter Deli Food Market Restaurant
  • Price Cutter Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.07M
Blend (final) Blend
$3.79M
Owner & transaction history
1831 Kearney LLC · 15 yrs held
1831 Kearney LLC
since 2011
2 recorded transactions
2011
Price N/A
1969
Price N/A
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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