Property profile

3542 West Mount Vernon St Springfield, MO 65802

FOR SALE
Commercial land
Property ID
US48-1477447
1.27 ac lot
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.27-acre commercial land parcel presents a remarkable investment opportunity in Springfield, Missouri. Located at 3542 West Mount Vernon Street, this property boasts high visibility and excellent exposure, making it ideal for a variety of commercial developments. Its strategic location offers significant advantages for businesses seeking a prominent presence in a thriving area. The lot's size provides ample space for the construction of a single-tenant building or a shadow-anchored shop space, perfectly complementing the nearby Walmart Neighborhood Market. This prime location within Southwest Missouri's Springfield, zip code 65802, ensures easy access to major transportation routes and a substantial customer base. The property's geographical coordinates are 37.2047928 latitude and -93.3504933 longitude. This is a rare chance to acquire a highly visible and strategically positioned commercial lot with significant development potential. The property is classified as commercial land and is ready for immediate development. The high traffic count in this area ensures maximum exposure for any business established on this site. Don't miss this opportunity to secure a prime location for your next commercial venture.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.27 ac (55,321 SF)
Zoning code INC
APN 88-13-20-401-441
UPID US48-1477447

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3542 West Mount Vernon St Springfield, MO 65802
Springfield metro Census 4305 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

Zoning & alternative use

INC · Springfield, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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