1545 Primrose StSpringfield, MO 65804
- Office properties
- 6,426 SF
Property Details for 1545 Primrose St
- Year built
- 1996
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 6,426 SF
- Zone code
- INC
- Property type
- Office properties
- APN
- 88-19-07-101-188
- APU
- 881907101188
Description
Exceptional opportunity to acquire two commercial lots totaling 19,000 square feet in Springfield, Missouri's desirable Bradford Park. Strategically located on Primrose Street between Fremont and Glenstone, this Planned Development zoned property offers unparalleled visibility and access. The site boasts a prime medical mile location, surrounded by established businesses including Cox South Hospital, Cox Health Wheeler Heart and Vascular Center, The Bone and Joint Center, and numerous national retailers such as Walmart, Target, and Kohl's. This presents a unique chance to develop a significant commercial presence in a high-traffic area. The property is divided into two distinct parcels: Unit D, an 8,000 square foot pad site, is priced at $300,000
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,259,247
- 6.5%
- $1,162,382
- 7%
- $1,079,355
-
Comparable approach
- Method
- Valuation
- Relative Method
- $459,652
- Geo Method
- $459,652
-
Alternative Use
- Use
- Valuation
- Residential
- $1,441,354
- Hospitality
- $1,320,272
- Educational
- $1,098,451
- Medical
- $1,136,228
- Retail
- $1,708,701
Location Insight
- City
- Springfield
- County
- Greene
- State
- Missouri
- Latitude
- 37.1481
- Longitude
- -93.2682
- CBSA code
- 44180
- CBSA name
- SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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