Property profile

3604 Chestnut Expy Springfield, MO 65802

OFF-MARKET
Commercial land
Property ID
US48-0777477
7.59 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 8.78-acre commercial property in Springfield, Missouri, presents a unique development opportunity. Located at 3604 W Chestnut Expy, 65802, this strategically positioned land benefits from high traffic counts due to its location on Chestnut Expressway and the West Bypass, a major intersection with a traffic light. The property offers easy access to I-44, US Highway 60, and the James River Expressway, ensuring excellent connectivity. The surrounding area is experiencing significant growth, with recent developments including Allison Sports Town, Mercy Medical, Walmart, Target, Menards, and more. This large parcel is one of the last remaining opportunities for development at this key intersection, attracting national brands. The property's zoning includes Residential Town House (southeast) and Highway Commercial (north), offering flexibility for various development plans. Consideration will be given to build-to-suit options, pad site leases, and parcel division, subject to acceptable terms. The Enhanced Enterprise Zone designation provides additional incentives. This property is ideally situated for businesses seeking high visibility and convenient access to major transportation routes and Springfield's key attractions, including Bass Pro Shops, Wonders of Wildlife, and various arenas. Two parcels comprise the total acreage.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 7.59 ac (330,620 SF)
Zoning code INC
APN 88-13-20-101-209
UPID US48-0777477

Cap rate & NOI

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

Location

3604 Chestnut Expy Springfield, MO 65802-5507
Springfield metro Census 4306 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

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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