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3520 Olive Street - 2.99-11.53 Acres by Costco Wholesale 2.99 - 4.53 Acre Commercial Land Lots Offered at $1,565,546 - $1,977,188 Per Lot in Springfield, MO 65802

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Investment Highlights

  • SALE PRICE: $1,565,546.4 - $3,440,000
  • PRICE PER SF: $6.85-12/SF
  • LOT SIZE: 2.99-11.53 Acres

Executive Summary

OFFERING SUMMARY
-SALE PRICE: $1,565,546.4 - $3,440,000
-LOT SIZE: 2.99-11.53 Acres
-PRICE PER SF: $6.85-12/SF
-ZONING: Planned Development 298
-CROSS STREET: Olive Street and Eastgate Ave
-MAJOR THROUGHFARES: Seconds from US Highway 65 & E Chestnut Expy
MARKET: Springfield, Missouri

Property Facts

Price $1,565,546 - $5,280,778
Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 11.51 AC
Zoning Planned Development 298 - Planned Development 298

3 Lots Available

Lot 1

Price $1,738,044
Price Per AC $435,600.00
Lot Size 3.99 AC

Lot 2

Price $1,565,546
Price Per AC $523,593.98
Lot Size 2.99 AC

Lot 3

Price $1,977,188
Price Per AC $436,465.34
Lot Size 4.53 AC

Description

PROPERTY DESCRIPTION Thank you for viewing this retail development lot now available for sale at the signalized corner of Olive Street and Eastgate Ave in Springfield, MO. This 11.53-acre tract can be sold as-is or subdivided into smaller tract sizes ranging from 2.99-4.53 acres to fit a large range of developments. The property sits in a highly desirable location directly east of Costco Wholesale and other national retailers featuring great access and exposure with over 33,887 vehicles per day on E Chestnut Expressway, and over 60,000 vehicles per day on US Highway 65. The site is zoned Planned Development 298. A preliminary site layout showcasing up to 135,000 SF of buildable square footage & parking garage has been completed. Please contact the listing broker for additional information, including permitted uses and use restrictions. Thank you! LOCATION DESCRIPTION In a prime location near many local and national retailers, restaurants, wholesalers, and other businesses. Site has immediate access to major throughfares including US Highway 65, E. Chestnut Expressway and more. Some neighboring businesses include Costco Wholesale, Menards, Mister Car Wash, Jiffy Lube, Domino's Pizza, Taco Bell, McDonalds, Beef-a-Roo, and Whataburger.

Property Taxes

Property Taxes

Parcel Number
12-22-201-087
Land Assessment
$274,270
Improvements Assessment
$0
Total Assessment
$274,270
  • Listing ID: 33663891

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 3520 Olive Street, Springfield, MO 65802

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