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Property profile & analytics
OFF-MARKET Estimated value $540,000
Medical Office Space

4049 Campbell Ave Springfield, MO 65807-5303

8,875 SF 1.62 ac lot Built 1983
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US48-3355574
Property summary
AI-generated overview

This exceptional 1.6-acre commercial land parcel, located at 4049 S. Campbell Ave in Springfield, Missouri (zip code 65807), presents a unique opportunity for lease or build-to-suit development. Currently zoned GR - General Retail, the property allows for a wide range of commercial uses including retail, restaurant, hotel, and office space. The site boasts an existing enclosed storage/garage area in the rear, featuring double drive-through grade-level doors (six doors total), ideal for various business needs. This prime location sits within one of Springfield's most prominent and rapidly growing retail and office trade areas, exhibiting high retail sales averaging $450-500 per square foot. The area's strong demographics, with an average household income of approximately $72,429, further enhance its appeal. The property benefits from proximity to major brand tenants such as Sam's Club, Walmart, McDonald's, and numerous other national chains, ensuring high visibility and foot traffic. Furthermore, its close proximity (0.5 mile) to Springfield's Medical Mile, a significant employment center, adds to its strategic advantage. This redevelopment opportunity is perfect for businesses seeking a high-traffic location in a thriving commercial area.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1983
Total area 8,875 SF
Lot 1.62 ac (70,741 SF)
Zoning code INC
APN 88-18-11-419-018
UPID US48-3355574
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
Current use
Occupant on record · Public records
  • Smith Jean A Physician
  • Dr. William Baird Physician
  • Anthony Inmon Physician
  • Jerry Dorris Physician
  • Heikkila Darlene R Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$641k
Blend (final) Blend
$540k
Owner & transaction history
Dk Burke Properties LLC · 21 yrs held
Dk Burke Properties LLC
since 2005
3 recorded transactions
2010
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $855,000 +36.0%
Commercial (general) $845,000 +34.6%
Auto repair, garage $645,000 +3.0%
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