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Property profile & analytics
FOR SALE
Retail space
2240 N Grant Ave Springfield, MO 65803
Entity Owned
~
Est. High Equity
Property ID
US48-3360271
For Sale
1 / 23
$164,999
2240 N Grant Ave, Springfield, MO 65803
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Total area
1,362 SF
Lot
0.1 ac (4,312 SF)
Zoning code
INC
APN
88-13-11-114-014
UPID
US48-3360271
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Storybook Stays LLC
Storybook Stays LLC
since 2025
Last sale
$80,000
7 recorded transactions
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,383
Tax year 2023
Assessed value
$21,700
Assessed 2023
Previous assessed
$21,700
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$5,760
Assessed improvement
$15,940
Land market value
$18,000
Improvement market value
$49,800
Total market value
$67,800
Applied tax rate
105.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1953
Heating
NONE
Total area
1,362 SF
Lot
0.1 ac (4,312 SF)
Zoning code
INC
APN
88-13-11-114-014
UPID
US48-3360271
Jurisdiction
GREENE
Zoning & alternative use
INC · Springfield, MO
Zoning INC · permitted uses
INC · Springfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Storybook Stays LLC
Entity
Mailing address
2814 W ALLEN DR, SPRINGFIELD, MO 65810-1201
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
$80,000
Storybook Stays LLC
Bill J Mathis
Quitclaim Deed
related
—
Jan 19, 2021
—
Bill J Mathis
—
Deed
related
$44,960 · Foundation Cu
Oct 2, 2015
—
Bill J Mathis
Advanced Key Systems LLC
Warranty Deed
$50,000 · Foundation Cu
Dec 6, 2005
—
Advanced Key Systems LLC
Bannon,john A & Diane M
Warranty Deed
$57,600 · Great Southern Bank
—
—
Bill J Mathis
—
Loan Modification
related
$44,960 · Foundation Cu
—
—
John A Bannon
—
Deed Of Trust
related
$60,000 · First National Bank Mt Vernon
—
—
Advanced Key Systems LLC
—
Deed Of Trust
related
$100,000 · Liberty Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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