703 S Glenstone Ave, Springfield, MO 65802
For Sale
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This exceptional commercial property, located at 703 S Glenstone Ave in Springfield, Missouri, presents a unique investment opportunity. The 5,073 square foot building, constructed in 1938, is classified as a Class B property and currently sits vacant, offering immediate potential for a new owner. Situated on a 0.26-acre corner lot, this two-story building boasts high visibility and significant traffic exposure due to its location on busy Glenstone Avenue. The main floor features five private offices with laminate flooring and two restrooms. Upstairs, four additional spaces and a full bathroom are partially finished, providing ample room for expansion or customization. The property also includes substantial storage space, two one-car bays, and parking for fifteen vehicles. The seller is including dealership software in the sale, allowing a new owner to generate income from day one. The property's APN is 1219427001. This is a rare chance to acquire a well-situated commercial building in a thriving area of Springfield, Missouri, with the potential for immediate revenue generation. The asking price is $350,000.
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Wind River Finance Bank Credit Union
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, MOSpringfield. Always verify with local authorities before improvements.
Costs & 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.