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Property profile & analytics
OFF-MARKET
Estimated value
$17,140,000
Super regional malls
2825 Glenstone Ave Springfield, MO 65804-3771
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US48-0046399
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1982
Total area
299,725 SF
Lot
18.8 ac (818,928 SF)
Zoning code
INC
APN
88-19-06-101-054
UPID
US48-0046399
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
-
LOFT Clothing & Fashion Store
-
Eye Candy Clothing & Fashion Store
-
Chico's Clothing & Fashion Store
-
White House Black Market Clothing & Fashion Store
-
Romancing Joe Company Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.00M
Blend (final)
Blend
$17.14M
Owner & transaction history
Tf Springfield Mo LLC · 7 yrs held
Tf Springfield Mo LLC
since 2019
3 recorded transactions
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$28.5M
+119.1%
Retail stores
$27.4M
+111.2%
Medical building
$23.2M
+78.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$12,995,000
Current use
OFFICE BUILDING
$28,470,000
Change: +119% · Conversion: Moderate
RETAIL STORES
$27,440,000
Change: +111% · Conversion: Easy
MEDICAL BUILDING
$23,150,000
Change: +78% · Conversion: Difficult
COMMERCIAL (GENERAL)
$20,165,000
Change: +55% · Conversion: Easy
AUTO REPAIR, GARAGE
$18,790,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$17.14M
Range $15.43M – $18.85M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$57 / SF
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
$433,418
Tax year 2023
Assessed value
$6,799,140
Assessed 2023
Previous assessed
$6,799,140
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$1,136,000
Assessed improvement
$5,663,140
Land market value
$3,550,000
Improvement market value
$17,697,300
Total market value
$21,247,300
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1982
Heating
NONE
Total area
299,725 SF
Lot
18.8 ac (818,928 SF)
Zoning code
INC
APN
88-19-06-101-054
UPID
US48-0046399
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$13.0M
OFFICE BUILDING
Est. value
$28.5M
RETAIL STORES
Est. value
$27.4M
MEDICAL BUILDING
Est. value
$23.2M
COMMERCIAL (GENERAL)
Est. value
$20.2M
AUTO REPAIR, GARAGE
Est. value
$18.8M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
18.8 ac
Current owner
From public records · entity-resolved
Tf Springfield Mo LLC
Entity
Mailing address
PO BOX 6120, INDIANAPOLIS, IN 46206-6120
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2019
—
Tf Springfield Mo LLC
—
Grant Deed
related
$800,000,000 · Hps Inv Ptrs LLC
Mar 12, 2019
—
Tf Springfield Mo LLC
Src Facilities LLC
Trust Deed
$325,000,000 · Jpp LLC
Sep 7, 2012
—
Battlefield Mall LLC
—
Deed Of Trust
related
$125,000,000 · J P Morgan Chase 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.
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