3520 E Olive St, Springfield, MO 65802
For Sale
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PROPERTY DESCRIPTION Thank you for viewing this retail development lot now available for sale at the signalized corner of Olive Street and Eastgate Ave in Springfield, MO. This 11.53-acre tract can be sold as-is or subdivided into smaller tract sizes ranging from 2.99-4.53 acres to fit a large range of developments. The property sits in a highly desirable location directly east of Costco Wholesale and other national retailers featuring great access and exposure with over 33,887 vehicles per day on E Chestnut Expressway, and over 60,000 vehicles per day on US Highway 65. The site is zoned Planned Development 298. A preliminary site layout showcasing up to 135,000 SF of buildable square footage & parking garage has been completed. Please contact the listing broker for additional information, including permitted uses and use restrictions. Thank you! LOCATION DESCRIPTION In a prime location near many local and national retailers, restaurants, wholesalers, and other businesses. Site has immediate access to major throughfares including US Highway 65, E. Chestnut Expressway and more. Some neighboring businesses include Costco Wholesale, Menards, Mister Car Wash, Jiffy Lube, Domino's Pizza, Taco Bell, McDonalds, Beef-a-Roo, and Whataburger.
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
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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.