3014 Howard Ave Springfield, MO 65803
This exceptional 2-acre parcel presents a compelling development opportunity in Springfield, Missouri. Located at the northeast corner of Norton Road and Howard Avenue, this property boasts excellent visibility and accessibility. Currently zoned R-SF (Residential-Single Family), the land offers significant potential for residential development. The surrounding area features a mix of single-family and multi-family residential properties, indicating strong market demand and established neighborhood character. The asking price has been reduced, making this an even more attractive investment. While existing structures are present, no value has been assigned to them, allowing for flexible development plans. The property's 2-acre size provides ample space for a variety of residential projects, catering to diverse housing needs. Its strategic location at a major intersection ensures high traffic volume and prominent exposure, enhancing the potential for successful development. This is a rare opportunity to acquire a sizable residential lot in a desirable Springfield neighborhood. The property is situated in Greene County, Missouri, with a Springfield, MO 65803 zip code. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.