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620 S Glenstone Ave Springfield, MO 65802
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Property profile & analytics

620 S Glenstone Ave Springfield, MO 65802


  • Commercial real estate
  • 47,477 SF
  • 3.55 lot acres
Glenstone Avenue Office Building For Sale
$3,000,000
47,477 SF

Glenstone Avenue Office Building

Three-story office building on high-traffic Glenstone Avenue.

620 S Glenstone Ave, Springfield, MO 65802
View Listing
Property ID
US48-0503060
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.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Mercy Clinic Business Office / Medical Clinic
  • Kathryn Little / Medical Clinic
  • Mercy / Medical Clinic

Property Details for 620 S Glenstone Ave

Year built
1988
Lot size
3.55 lot acres
Property size
47,477 SF
Zone code
INC
Property type
Commercial real estate
APN
88-12-20-304-058
APU
881220304058

Description

This exceptional three-story, 47,477-square-foot executive office building is situated on a highly visible 3.55-acre lot at 620 S Glenstone Ave in Springfield, Missouri. Boasting a prominent location in the Southeast Springfield Office Retail quadrant, this Class B property offers a semi-open cubicle configuration, perimeter offices, multiple conference rooms, an employee lounge, break room, elevator, and multi-stall restrooms. The building features excellent primary frontage with multiple curb cuts and ample parking (238 spaces). A significant advantage is the on-site 750 KW backup generator. The large L-shaped lot provides 240 feet of frontage on Glenstone Avenue, with additional access to Cherry Street. Zoned GR General Retail, this property allows for a wide range of commercial uses, subject to deed restrictions. The property is being sold "AS IS" with the right to property inspection. The asking price is $5,750,000. Built in 1988, the property includes one building with three stories and a Greene County APN of 881220304058. The high traffic volume of 40,100 vehicles per day on Glenstone Avenue ensures high visibility and accessibility.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $5,920,000
    6.5%
    $5,465,000
    7%
    $5,075,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $7,700,000
    Market price range: $1.45M - $8.59M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $5,255,000
    Current use
    RETAIL STORES
    $7,245,000
    Change: +38% Conversion: Easy
    RESTAURANT
    $4,955,000
    Change: -6% Conversion: Difficult

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Greene
State
Missouri
Longitude
-93.2609
Latitude
37.2024
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
$73,601
$163,040
$991,550
$1,154,590
-
$509,500
$3,098,600
$3,608,100
View Listing
More about this property
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