2021 Kingsley StSpringfield, MO 65807

Property Details for 2021 Kingsley St

Year built

2007

Lot size

2.42 AC

Property size (Sq ft)

43,884 SF

Zone code

INC

Property type

Hotels

APN

88-18-10-401-208

APU

881810401208

Description

This 1.62-acre commercial land parcel, located at 2021 W Kingsley St in Springfield, Missouri, presents a unique development opportunity. Zoned GR (General Retail), this property boasts high visibility from the James River Expressway, offering excellent access to major roadways including the Republic Rd./Kansas Expressway intersection, one of Springfield's busiest areas. Its strategic location northwest of this intersection ensures convenient access for businesses and residents alike. Ideal for office, retail, commercial, or mixed-use development, this land provides a solid foundation for a variety of projects. The asking price is $617,463. The property's high visibility and convenient location make it an attractive investment for developers seeking a prime location in a thriving area of Springfield. This is a rare opportunity to acquire a sizable parcel in a well-established and growing part of the city, offering significant potential for future growth and return on investment. The property's GR zoning allows for a wide range of development possibilities, catering to diverse business needs and market demands. Serious inquiries are encouraged to explore the potential of this exceptional development site. Contact us to schedule a site visit and discuss your development plans. The zip code is 65807.

• CAP approach

  CAP return

  Valuation

  6%

  $9,767,671

  6.5%

  $9,016,312

  7%

  $8,372,290

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,376,703

  Geo Method

  $7,376,703

• Alternative Use

  Use

  Valuation

  Residential

  $9,843,193

  Hospitality

  $9,016,312

  Educational

  $7,501,466

  Medical

  $7,759,452

  Retail

  $11,668,946

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.1412

Longitude

-93.3216

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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