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Property profile & analytics
OFF-MARKET
Community centers

1950 Glenstone Ave Springfield, MO 65804-2357

960 SF 0.02 ac lot Built 1966
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US48-0977045
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1966
Total area 960 SF
Lot 0.02 ac (958 SF)
Zoning code INC
APN 88-12-32-206-081
UPID US48-0977045
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
  • Lovers Tattoo Company Tattoo & Piercing Shop
  • A Pathway to Healing Physician Alternative Medicine Practice
  • Total Body Worx Alternative Medicine Practice Spa & Massage Center
  • Amée Boutique Hair Salon Nail Salon
  • Self Preservation Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1950 Efg LLC · 4 yrs held
1950 Efg LLC
since 2021
2 recorded transactions
2021
Price N/A
1969
Price N/A
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source land development code
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