631 S Kimbrough Ave Springfield, MO 65806
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
INC · Springfield, MOCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.