Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
INC · Springfield, MOZoning
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Zoning designation
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The district profile from the municipal source: what is on file for INC in Springfield, MO.
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