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Property profile & analytics
FOR SALE
Community centers

631 S Kimbrough Ave Springfield, MO 65806

14,966 SF 1.1 ac lot Built 1964
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US48-0902589
Property summary
AI-generated overview

This exceptional retail and restaurant property, located at 631-633 S. Kimbrough in Greene County, offers a unique investment opportunity. The 14,966 square foot multi-tenant building currently has 3,180 square feet of vacant space available, ideal for a restaurant or retail business. The space boasts existing restaurant improvements, making it move-in ready for a prospective tenant. This prime location benefits from its proximity to major educational institutions, including Missouri State University (23,300+ students), Ozarks Technical Community College (11,200+ students), and Drury University (2,500+ students). The high student population ensures a consistent flow of potential customers. Furthermore, the property's strategic position between downtown Springfield and Missouri State University places it within easy reach of a large and diverse customer base. The vibrant downtown area offers additional attractions such as the Springfield Cardinals baseball stadium, the Great Southern Bank Arena, and Juanita K Hammon's Hall for the Performing Arts, all located just a block away. With over 796 apartments for rent nearby, the property enjoys a strong residential presence. The minimum divisible space is 3,180 square feet, and the building comprises four total suites. This presents a compelling opportunity to establish a thriving business in a high-demand area with significant foot traffic and a strong local economy.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1964
Total area 14,966 SF
Lot 1.1 ac (48,003 SF)
Zoning code INC
APN 88-13-24-302-018
UPID US48-0902589
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cv Kimbrough Holdings LLC · 3 yrs held
Cv Kimbrough Holdings LLC
since 2023
2 recorded transactions
2023
Price N/A
1969
Price N/A
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source land development code
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