1950 Glenstone Ave Springfield, MO 65804-2357
This exceptional 550-square-foot commercial property, located at 1950-A S Glenstone Ave in Springfield, Missouri, presents a compelling investment opportunity. Built in 1966, this single-story building sits on a commercially zoned lot (APN: 1232206076) and offers a vacant, owner-user space ideal for a variety of businesses. The property's versatile nature allows for creative office, medical office, or storefront uses, making it suitable for a range of entrepreneurial ventures. Its prime location on Glenstone Avenue provides excellent visibility and accessibility, further enhanced by its position at a signalized intersection. The end-cap space offers additional advantages for attracting customers and maximizing exposure. This property is currently listed at $160,000 and represents a strong potential for return on investment in a thriving Springfield commercial district. The 550 square feet of net rentable space provides ample room for a variety of business configurations. This is a rare opportunity to acquire a well-situated commercial property in a high-traffic area of Springfield, Missouri, with significant potential for growth and profitability. The property's single-story design and convenient access make it an attractive option for both established businesses and new ventures. Don't miss this chance to secure a foothold in a dynamic and expanding market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
INC · Springfield, MOCosts & 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.