3520 East Olive Street, Springfield, MO, 65802

3520 East Olive Street Springfield, MO 65802

3520 East Olive Street, Springfield, MO, 65802
3520 East Olive Street, Springfield, MO, 65802 3520 East Olive Street, Springfield, MO, 65802 3520 East Olive Street, Springfield, MO, 65802 3520 East Olive Street, Springfield, MO, 65802 3520 East Olive Street, Springfield, MO, 65802 3520 East Olive Street, Springfield, MO, 65802 3520 East Olive Street, Springfield, MO, 65802
FOR SALE
Property Type:
Padsites
Amount:
$3,440,000
Last Verified:
Oct 28, 2024

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Highlights

  • -Signalized Intersection
  • -Unparcelled access
  • -Great Visibility
  • -Shared Detention in place

Description

Thank you for viewing this 11.53-acre development lot now available for sale at the signalized corner of Olive Street and Eastgate Ave in Springfield, MO. The property sits in a highly desirable location directly east of Costco Wholesale and other national retailers. This tract features 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!

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.

Lot Size: 11.53 acres


Documents

SVN - Brochure (L)

Map of 3520 East Olive Street, Springfield, MO, 65802

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.