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Property profile & analytics
FOR SALE
Hotels

2021 W Kingsley St Springfield, MO 65807

43,884 SF 2.42 ac lot Built 2007
Entity Owned 13-yr Hold Free & Clear
Property ID
US48-0859448
Property summary
AI-generated overview

This 1.62-acre commercial land parcel, located at 2021 W Kingsley St in Springfield, Missouri, presents a unique development opportunity. Zoned GR (General Retail), this property boasts high visibility from the James River Expressway, offering excellent access to major roadways including the Republic Rd./Kansas Expressway intersection, one of Springfield's busiest areas. Its strategic location northwest of this intersection ensures convenient access for businesses and residents alike. Ideal for office, retail, commercial, or mixed-use development, this land provides a solid foundation for a variety of projects. The asking price is $617,463. The property's high visibility and convenient location make it an attractive investment for developers seeking a prime location in a thriving area of Springfield. This is a rare opportunity to acquire a sizable parcel in a well-established and growing part of the city, offering significant potential for future growth and return on investment. The property's GR zoning allows for a wide range of development possibilities, catering to diverse business needs and market demands. Serious inquiries are encouraged to explore the potential of this exceptional development site. Contact us to schedule a site visit and discuss your development plans. The zip code is 65807.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 2007
Total area 43,884 SF
Lot 2.42 ac (105,415 SF)
Zoning code INC
APN 88-18-10-401-208
UPID US48-0859448
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
  • WoodSpring Suites Springfield Hotel & Motel Vacation Rental
  • Extended Stay America Select Suites - Springfield - South - Battlefield Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$971k
Blend (final) Blend
$785k
Owner & transaction history
Value Place Springfield LLC · 13 yrs held
Value Place Springfield LLC
since 2013
7 recorded transactions
2020
Price N/A
2016
Price N/A
2013
Price N/A
2011
Price N/A
2011
$1.9M
2007
Price N/A
2006
Price N/A
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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