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Off Market

$463,071

4007 W Chestnut EXPY , Springfield, MO 65802 (Greene County)

Size: 6.42 Acres

Type: Commercial Property

6.42 Acres in Springfield, MO - $463,071

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OWNER FINANCING. 6.42 acres REDUCED $130K. Build to Suit. Was FSBO. Government Incentives available. Enhanced Enterprise Zone. 724 feet frontage. Detention on & off-site. 24,000 traffic. 279,969 Gross SF priced at $1.65 SF. 133,981 Net Usable SF priced at $3.46 SF. 2.91 acres zoned H-C. Reduced $100,000. 481 W Chestnut EXPY (I44B) frontage w/curb cut. 3.51 acres zoned R-MD up to 107 units. Reduced $30,000. Excellent retail and multi-family demographics. Great retail gap. Owner is Realtor Broker. 5% Buyer Broker Commission. Was $593,471 now $463,071.

OWNER FINANCING AND BUILD TO SUIT OPTIONS

Submit proposed terms, plan/concept and provide credit information for confidential consideration.

BUYER BROKER COMMISSION

5% Buyer Broker Commission. Buyer Broker/Realtor does NOT have to accompany buyer to ANY showings. No appointment required.

...

OWNER IS A REAL ESTATE BROKER

Owner is a real estate broker and the broker of record.

CONTACT

DIANE ALEXANDER, MBA, Broker, Team Leader, RAINMAKER. Southwest Partners & Global Partners International Realty. M 713.591.9902. O 979.421.9996. diane at swpre. com.

OFFERINGS

Tract 1: 2.91 Acres Zoned Highway-Commercial (H-C). Reduced $100,000 to $244,512 ($4 per net usable SF). 61,128 net usable SF. 481' frontage. W Chestnut curb cut.

Tract 2: 3.51 Acres Zoned Multi-Family Medium Density up to 107 units (R-MD). Reduced $30,000 to $218,559 ($3 per net usable SF). Priced below 2 multi-family tracts on same street that just closed. 72,853 net usable SF. 242 Billings ST frontage.

Both Tracts 6.42 Acres. Reduced $130,000 to $463,071 ($3.46 per net usable SF). 133,981 net usable SF.

HIGHLIGHTS

(1) Owner Finance was FSBO. REDUCED $130K. Build to Suit. HWY curb cut 19K traffic. 724 front. Enhanced Enterprise Zone. Govt Incentive. 5% BBC

(2) 2.91 acres zoned Highway Commercial. Reduced $100,000. 481 W Chestnut EXPY (I44B) frontage w/curb cut. Excellent unmet retail gap at 5-MIN

(3) 3.51 acres zoned R-MD up to 107 units. Reduced $30,000. Priced below 2 MF comparable tracts that just closed. Excellent multi-family demographics

(4) 5-MIN drive-time vs. Benchmarks*, has higher projected annual % growth in: population, home values, $100K+ & $250K+ household incomes

(5) 2 MI to regional Airport and 400 acre industrial park; 7 colleges and 20 major employers w/20K employees within 5 MI

(6) In very high performing Willard R-II ISD. Elementary students attend newest school in the District

Benchmarks*: Census Tract; 1, 3 & 5-MI; 10 & 15 MIN drive-times; 65802; Springfield; Greene County

PROPERTY

(7) PDF Sets

Pictures:

Satellites, Maps & Graphics:

Retail Gap Graphics:

Retail Gap Table*:

*North American Industry Classification System (NAICS) table (All NAICS categories, sorted from biggest to lowest gap, including per household and per person calculations)

PDF Sets Available UN-Branded On Request

(8) Address: No addresses assigned

Tract 1: West Chestnut Expressway

Tract 2: Billings ST

(9) Coordinates: 37.212832,-93.359177

(10) Land: 6.42 acres / 279,969 Gross SF. Net Usable: 133,981 SF / 3.08 acres

Tract 1 Gross: 2.91 acres /126,760 SF. Net usable: 61,128 SF / 1.4 acres

Tract 2 Gross: 3.51 acres /153,209 SF. Net usable: 72,853 SF / 1.67 acres

(11) Frontage: 724.3 EST

Tract 1: 481.66 on W Chestnut EXPY (I44B)

Tract 2: 242.64 EST current on Billings ST (482.61 when extension completed)

(12) Zoning

Tract 1: Highway-Commercial

Tract 2: Residential-Medium Density

(13) Potential Government Incentives

Enhanced Enterprise Zone

Various Cities, County & State Incentives

(14) Detention: on-site and off-site

(15) Utilities: All City utilities in place

(16) In City limits? Yes

(17) In MUD? No

(18) Elevations

NW Corner: 1,248 EST

NE Corner: 1,259 EST

SW Corner: 1,248 EST

SE Corner: 1,252 EST

(19) School District: Willard R-II Independent School District

(20) Legal

Tract 1: PIDN 881317314065: JUNCTION CITY AMD BEG 39.43 FT N SW COR LOT 60 N 264.90 FT E 481.97 FT S 260.50 FT W TO BEG

Tract 2: PIDN 881317314066: JUNCTION CITY AMD BEG 304.33 FT N SW COR LOT 60 E 481.97 FT N 335.98 FT W 149 FT S 20 FT W 330 FT S TO BEG

(21) Minerals: None

NOTE: All measurements from Appraisal District or Survey unless EST. EST is our estimate.

LOCATION

(22) Google Map

Tract 1:

Tract 2:

(23) Inside Loop on West Chestnut Expressway (I44 Business)

(24) Across from Young/Lilley Park: Popular local 2 acre park with 7/10th MI walking fitness trail

(25) 1.3 MI to I44

(26) Distances to Key Intersections

1.3 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

(27) Springfield Accolades

Forbes Magazine: Top Place for Business & Careers

Inc. Magazine: Top 20 Mid-Sized City for Entrepreneurs

Milken Institute: Top 50 Best Performing City

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 and 5-Star Quality of Life

National Geographic Adventure Magazine: Top 50 Adventure Towns

World Health Organization: Safe Community designation

RETAIL GAP

(28) Baseline: 5 MIN drive-time

(29) Top Opportunities

# 1 Auto Dealer: $5.4M+

# 2 Food & Beverages: $4.5M+

# 3 Groceries: $4.3M+

# 4 Clothing & Accessories: $2.9M+

# 5 Clothing: $2.2M+

# 6 General Merchandise: $2M+

# 7 Health & Personal Care: $1.7M+

# 8 Sports, Hobbies & Music: $1.3M+

# 9 Furniture: $1.3M+

# 10 Special Food Services: $1.2M+

Per Person and Per Household Calculations Provided in Retail Gap PDF Sets

SCHOOLS AND SCHOOL DISTRICT REVIEW

(30) Summary: Outstanding schools and School District. All schools recently constructed. The District & all 4 schools attend received 8 of 10 Distinguished GreatSchools ratings. Two schools received 5 of 5 Stars and 2 schools received 4 of 5 Stars GreatSchools ratings.

(31) Willard R-II Independent School District

7 schools, 4,095 students