Property summary
This exceptional 8.36-acre commercial land parcel presents a remarkable investment opportunity in Springfield, Missouri. Located at the highly visible northeast corner of E. Kearney Street and Packer Road, this hard corner property boasts approximately 375 feet of frontage on E. Kearney and over 900 feet of frontage on Packer Road. The intersection is fully lighted, ensuring excellent visibility for any commercial development. Utilities are readily accessible, with sewer located on the east side of Packer Road and gas, water, and electric running along the north side of Kearney Street. This strategic location offers convenient access to major transportation arteries, including the Highway 65 and Kearney Street interchange (half a mile west) and Interstate 44 to the north. The property's Commercial Services zoning allows for a wide range of development possibilities. Furthermore, there is an additional 26+ acres available for purchase immediately west of this parcel, presenting potential for expansion or synergistic development. This is a rare opportunity to acquire a significant commercial land holding in a high-growth area of Springfield. The asking price is $2,750,000.
Property profile
VerifiedCap rate & NOI
Current use
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Park
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Trade Show Venue (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
INC · Springfield, MOZoning
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Zoning designation
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The district profile from the municipal source: what is on file for INC in Springfield, MO.
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