Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    501 Main Ave Springfield, MO 65806-1019

    • Manufacturing properties
    • 201,446 SF
    • 5.49 lot acres
    OFF-MARKET
    Value Estimation
    $655,000
    Location Intelligence
    Property ID
    US48-0270226
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fencing Rental Pros Springfield / Fence Contractor
    • The Dumpster Rental Guys of Springfield / Dumpster Rental Service
    • U-Haul Neighborhood Dealer / Van Rental Agency / Truck Rental Agency
    • Appliance Warehouse / Appliance Store / Used Appliance Store

    Property Details for 501 Main Ave

    Year built
    1908
    Lot size
    5.49 lot acres
    Property size
    201,446 SF
    Zone code
    INC
    Property type
    Manufacturing properties
    APN
    88-13-14-408-011
    APU
    881314408011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $705,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $645,000
      Geo Method
      $675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $615,000
      Mixed-Use
      $655,000
      Hospitality
      $780,000
      Educational
      $760,000
      Residential Income
      $725,000
      Energy
      $805,000
      Income-Based Land
      $670,000
      Food Service
      $810,000

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2975
    Latitude
    37.213
    CBSA code
    44180
    CBSA name
    SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,043
    $59,940
    $160,350
    $220,290
    -
    $187,300
    $501,100
    $688,400

    Comparable in this City

    • Value Estimation by Request
      5,622 SF

      650 Boonville Ave

      MANUFACTURING (LIGHT) • 5,622 SF
      650 Boonville Ave, Springfield, MO 65806-1006
      View Details
    • Value Estimation
      $895,000
      105,920 SF

      651 Boonville Ave

      MANUFACTURING (LIGHT) • 105,920 SF
      651 Boonville Ave, Springfield, MO 65806-1005
      View Details
    • Value Estimation
      $490,000
      22,800 SF

      500 Main Ave

      MANUFACTURING (LIGHT) • 22,800 SF
      500 Main Ave, Springfield, MO 65806-1020
      View Details
    • Value Estimation by Request
      40,125 SF

      215 Grant Ave

      FOOD PROCESSING • 40,125 SF
      215 Grant Ave, Springfield, MO 65806-2001
      View Details
    • Value Estimation by Request
      9,058 SF

      300 Chestnut St

      MANUFACTURING (LIGHT) • 9,058 SF
      300 Chestnut St, Springfield, MO 65806-1104
      View Details
    • Value Estimation
      $475,000
      16,570 SF

      518 Jefferson Ave

      FACTORY (MANUFACTURING) • 16,570 SF
      518 Jefferson Ave, Springfield, MO 65806-1113
      View Details

    Similar Nearby for Sale

    • $465,000
      2,939 SF

      Downtown Springfield Retail Gem

      Updated Brick Warehouse, Prime Location
      444 Mcdaniel St, Springfield, MO 65806
      View Details
    • $1,750,000
      21,000 SF

      Downtown Springfield Mixed-Use Building

      Historic building, six units, strong investment.
      429 Walnut St, Springfield, MO 65806
      View Details
    • $1,000,000
      11,474 SF

      Downtown Springfield Gem

      Historic building, prime location, high potential
      220 Campbell Ave, Springfield, MO 65806
      View Details
    • $465,000
      2,939 SF

      Updated Downtown Springfield Retail/Office Building

      Updated 1900s brick warehouse in the heart of Downtown Springfield.
      444 W Mcdaniel St, Springfield, MO 65806
      View Details
    • Contact for pricing
      5,904 SF

      Retail Spaces Near University Campus

      Two retail spaces available near Missouri State University campus.
      607 E, Springfield, MO 65806
      View Details
    • Contact for pricing
      1,055 SF

      Downtown Springfield Class A Office

      Class A office space in downtown Springfield for sale.
      214 W Phelps St, Springfield, MO 65806
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      13,805 SF

      Downtown Springfield Warehouse Space Available

      10,800 SF warehouse space for lease in downtown Springfield.
      524 W College St, Springfield, MO 65806
      View Details
    • $2,500 /Mo
      3,440 SF

      Downtown Springfield Office Space Available

      Spacious 3,444 SF office space in downtown Springfield.
      325 W Mcdaniel St, Springfield, MO 65806
      View Details
    • $10 SF/Yr
      4,300 SF

      Downtown Springfield Office Sublease

      4,300 SF office space available for sublease in Springfield, MO.
      319 N Main St, Springfield, MO 65806
      View Details
    • $13 SF/Yr
      11,642 SF

      Downtown Springfield First Floor Office

      First floor office space in Springfield CBD for sublease.
      333 S Jefferson Ave, Springfield, MO 65806
      View Details
    • $14 SF/Yr
      3,195 SF

      Retail Space Near Universities

      Retail space near Missouri State University, OTC, and Drury.
      631-637 S Kimbrough Ave, Springfield, MO 65806
      View Details
    • $15 SF/Yr
      4,000 SF

      Downtown Springfield Office/Retail Space

      Two-story office/retail space in historic downtown Springfield.
      313 Park Central W, Springfield, MO 65806
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    501 Main Ave
    Springfield, MO 65806-1019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.