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    FOR SALE
    Commercial land

    3520 E Olive St, Springfield, MO 65802

    Property ID
    US48-0420444
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    UPID US48-0420444
    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
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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