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Global Partners SPRINGFIELD MISSOURI CLOUD LISTING with Julie Broadbent, CCIM, Cincinnati, Ohio frontage on I44B/W Chestnut 6.6 ac H-C & R-MD Was $835K now $630K 3% BBC
BEST PRICING PERIOD. Inside loop, great schools, excellent demographics, significant retail and multi-family demand.
Perfect for multi-family, medical, professional or retail. Retail gap and CCIM studies completed and available upon request.
CONTACT INFORMATION
Or contact George Alexander with Global Partners at 01.979.421.9996, email at george dot alexander at southwestpartnersre dot com or skype at globalpartnersre to set up an appointment, request additional information or answer any questions.
CLOUD LISTING WITH JULIE BROADBENT, CCIM
Julie Broadbent, CCIM, Cincinnati, Ohio, is the Broker of Record. Global Partners is managing this CLOUD listing. George Alexander is the Listing Manager.
REAL ESTATE BR...
REAL ESTATE BROKER, CCIM IS ALSO A PROPERTY OWNER
Julie Broadbent, CCIM, Cincinnati, Ohio, is also a property owner.
3 OFFERINGS
(1) 4001 W Chestnut EXPWY zoned H-C: 2.9 ac $3.04 SF est. Was $499,000 now $384,000
(2) 4003 W Chestnut EXPWY zoned R-MD for up to 107 units frontage also on Walnut ST 3.6 ac $1.64 SF est. Was $336,000 now $257,500
(3) 4001 & 4003 W Chestnut EXPWY: 6.6 ac $2.22 SF est. Was $835,000 now $629,900
This offering is for both properties (3) above.
3% BUYER BROKER COMMISSION (BBC)
A buyer broker does NOT have to accompany their buyer to any showings.
HIGHLIGHTS
(4) Reduced $200K to $630K 6.6 ac inside loop on W Chestnut EPWY all detention in utilities to site Zoned R-MD and H-C 3% BBC
(5) Global Partners SPRINGFIELD, MISSOURI & George Alexander CLOUD listing with Julie Broadbent, CCIM, Cincinnati, Ohio
(6) Enhanced Enterprise Zone, potential local and State incentives
(7) 2 MI to regional Airport and 400 acre industrial park; 7 colleges w/37K students, 20 major employers w/20K employees within 5 MI
(8) In very high performing Willard R-II ISD with elementary students attending the newest school in the district
(9) 5-min. drive vs. Benchmarks*, highest projected annual % growth in: population, households, families, $100K+ & $250K incomes
*Benchmarks include: Census Tract; 1, 3 and 5-mile radiuses; 5, 10 and 15-minute drive-times; 65802 zip code; City of Springfield; and Greene County.
KEY LISTING LINKS
(10) Commgate:
(11) Lands of Missouri:
(12) LoopNet:
(13) LoopNet property website viewable by anyone:
SOCIAL MEDIA LINKS
(14) Blogger Blogspot:
(15) Facebook:
(16) Google map:
(17) Google +:
(18) Linked In:
(19) Word Press:
PROPERTY
(20) Land: 6.5 acres
(21) Zoning
4001 is Highway-Commercial (H-C):
4003 is Medium-Density Multi-Family Residential District (R-MD) up to 29 units per acre:
(22) Maximum # of units for 4003: 104
(23) Detention: On-site and off-site
(24) Utilities: All City utilities in place
(25) In City limits? Yes
(26) In MUD? No
(27) School district: Willard R-II Independent School District
(28) Flood plain: None in flood plain
(29) In MUD? No
(30) Legal:
4001: Parcel # 881317314043: JUNCTION CITY AMD W 80 FT LOT 61 & BEG 80 FT E SW COR LOT 61 N 630 FT E 69 FT S 630 FT W TO BEG (EX HWY)
4003: Parcel # 881317314047: JUNCTION CITY LOT 60
HIGHEST AND BEST USE
Key findings from CCIM, CBC & our proprietary tools:
(31) Multi-family: Only one major multi-family competitor in the northwest market
(32) Unmet local retail demand in 5-min. drive: Top 3 avg. $6.4M+ annual potential revenues, top 5 avg $4.9M+ & top 10 avg $2.8M+
(33) Top retail opportunities: Auto dealer, food & beverages, clothing & accessories, health & personal care, & furniture & home furnishings within 5-minute drive
(34) Demographics and econometrics: High projected demographic & economic growth within 5-minute drive
(35) Growing demand and employment: Growing employment, retail & housing demand via EDC Industrial Center & Airport
LOCATION
(36) Directly on West Chestnut EXPWY (I44 Business)
(37) Inside the loop
(38) Easy I44 access: 1.4 mi. to I44 and Chestnut EXPY, 2.7 mi. to I44 and US160 N, 4.9 mi. to I44 and James River Freeway, 9.8 mi. to I44 and US65 N
(39) Springfield key rankings
Americas Promise: 100 Best Community for Young People
Biz Journals: Top 40 Best Quality of Life
Entrepreneur Magazine: Top 10 Hot City for Entrepreneurs
Expansion Management: Top 12 Metros for Recruitment & Attraction
Expansion Management Magazine: 5-Star Quality of Life
Forbes Magazine: Top Place for Business & Careers
Inc. Magazine: Top 20 Mid-Sized City for Entrepreneurs
Milken Institute: Top 50 Best Performing City
National Geographic Adventure Magazine: Top 50 Adventure Towns
World Health Organization: Safe Community designation
RETAIL GAP ANALYSIS
(40) Definition: Unmet annual potential revenues in local retail demand at 5-min. drive-time
(41) Top opportunities summary:
Top 3: Avg. $6.4M+ annual potential revenues
Top 5: Avg. $4.9M+ annual potential revenues
Top 10: Avg. $2.8M+ annual potential revenues
(42) Top opportunities
# 1 Auto dealer: $8.5M+ annual potential revenues
# 2 Food & beverages: $7.3M+ annual potential revenues
# 3 Clothing & accessories: $3.5M+ annual potential revenues
# 4 Health & personal care: $3.0M+ annual potential revenues
# 5 Furniture & home furnishings: $2.0M+ annual potential revenues
SCHOOLS AND SCHOOL DISTRICT REVIEW
(43) Summary: The District and all schools have high GreatSchools and parent ratings
(44) Willard R-II Independent School District
The #'s: 7 schools, 4,095 students with 14:1 student/teacher ratio
8 of 10 GreatSchools rating: Of 7 school districts within 15-miles, 5 scored lower and none scored higher
(45) Willard East Elementary School (PK-4)
The #s: 625 students with 14:1 student teacher ratio
8 of 10 GreatSchools rating: Of 25 elementary schools within 10-miles, 21 scored lower and NONE scored higher
Distinguished GreatSchools recognition: Among few public elementary schools in Missouri to receive a distinguished GreatSchools Rating
(46) Willard Intermediate School (5-6)
The #'s: 625 students with 16:1 student teacher ratio
GreatSchools rating: Of 25 intermediate schools within 15-miles 21 scored lower and only 2 scored higher
Distinguished GreatSchools recognition: Among the few public intermediate schools in Missouri to receive a distinguished GreatSchools Rating
(47) Willard Middle School (7-8)
The #'s: 629 students with 16:1 student teacher ratio
8 of 10 GreatSchools rating: Of 25 middle schools within 15-miles, 20 scored lower and only 2 scored higher
Distinguished GreatSchools recognition: Among the few public middle schools in Missouri to receive a distinguished GreatSchools Rating
(49) Willard High School (9-12)
The #'s: 1,220 students with 18:1 student teacher ratio
8 of 10 GreatSchools rating: Of 25 high schools within 15-miles, 18 scored lower and only 2 scored higher
Distinguished GreatSchools recognition: Among the few public high schools in Missouri to receive a distinguished GreatSchools Rating
DEMOGRAPHICS & ECONOMETRICS
(50) Benchmarks include: Census Tract; 1, 3 and 5-mile radiuses; 5, 10 and 15-minute drive-times; 65802 zip code; City of Springfield; and Greene County.
(51) Baseline comparison: 5-minute drive time vs. Benchmarks
(52) Demographics: highest %
0-9 years old
45 years old and older
Married and living together
Construction employees
Transportation employees
(53) Demographics: highest annual % growth
Population growth
Household growth
Family growth
(54) Econometrics: homes highest annual % growth
Avg. home values
Median home values
(55) Econometrics: home values lowest %
Homes for rent
Single family attached homes
Low density (3-49) multi-family homes
Medium density (50+) multifamily homes
(56) Econometrics: lowest leverage indicators
Avg. mortgage / avg. household income
Median mortgage / median household income
Highest % single family detached homes
(57) Econometrics: highest annual % growth
$100K+ household incomes
$250K+ household incomes
Median household income
CCIM REPORTS AND LISTING ANALYSIS
(58) Certified Commercial Investment Member (CCIM) Institute reports: 2,138 utilized and available on request
(59) Defined and published source data: Unless noted all data from CCIM
DISCLOSURES & COPYRIGHTS
Global Partners is a Division of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions-stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.
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