1774 Grant AveSpringfield, MO 65807

Property Details for 1774 Grant Ave

Year built

1971

Lot size

0.52 AC

Property size (Sq ft)

5,248 SF

Zone code

INC

Property type

Community centers

APN

88-13-26-419-010

APU

881326419010

Description

This 1,440 sq ft retail end-cap space in Springfield, MO's South Springfield submarket is perfectly suited for a salon. Located at 1774 S Grant Ave, zip code 65807, this property boasts a total of 5,248 sq ft across multiple tenancies, with 1,440 sq ft currently vacant. The space is turn-key, featuring 9 high-end pedicure chairs, 9 individual manicure stations, 2 client sinks, and separate restrooms for clients and employees. A complete interior renovation was finished in 2024. The property sits on a 0.52-acre lot and includes 27 parking spaces. Exterior renovations are nearing completion, enhancing the property's curb appeal within the Grant Avenue Parkway district. The parking lot is scheduled for resurfacing in Spring 2025. The building benefits from a strong tenant mix, including a well-established salon/beauty school, creating excellent opportunities for customer traffic and employee recruitment. The property is zoned HC.

• CAP approach

  CAP return

  Valuation

  6%

  $1,511,755

  6.5%

  $1,395,466

  7%

  $1,295,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $945,981

  Geo Method

  $945,981

• Alternative Use

  Use

  Valuation

  Residential

  $1,177,128

  Hospitality

  $1,078,243

  Educational

  $897,085

  Medical

  $927,937

  Retail

  $1,395,466

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.183

Longitude

-93.2997

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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