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435 E Walnut St 0.49 Acres of Commercial Land Offered at $835,725 CAD in Springfield, MO 65806

Commercial Land Properties Missouri Springfield 435 E Walnut St, Springfield, MO 65806

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INVESTMENT HIGHLIGHTS

  • Located near MSU campus, Government Plaza, multi-family housing, restaurants,Cadinal Stadium and Hammons Preforming Art Center,
  • 25,000 residents within 3 miles
  • Center City zoning aims to balance both residential and commercial development,
  • 40,000 students in market area
  • Zoned Center City; taxed as residential

EXECUTIVE SUMMARY

Current building can be demolished, offering an excellent opportunity to build a new successful income producing investment. Downtown Springfield is active and dynamic. A great place to work, live and play. There are five universities near–by with an enrollment of approximately 40,000 day and evening students. An additional 25,000 people work in the Central Business District. +/-19,000 people live within a 1 mile radius. Property can be partially occupied and income producing until new owner is ready to start developing th new project.

ATTACHMENTS

Land-For Sale (2)-
Buyer Incentive Notes

PROPERTY FACTS

Price $835,725 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Single Family Residence
Sale Condition Redevelopment Project Total Lot Size 0.49 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Zoning Center City (CC) - (CC) zoning is governed by the city's Center City Plan and updated community codes, which focus on creating a distinct for mixed developmeent
Price $835,725 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Single Family Residence
Total Lot Size 0.49 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning Center City (CC) - (CC) zoning is governed by the city's Center City Plan and updated community codes, which focus on creating a distinct for mixed developmeent

1 LOT AVAILABLE

Lot 1324240005

Price $835,725 CAD Lot Size 0.49 AC
Price Per AC $1,705,560.83 CAD
Price $835,725 CAD
Price Per AC $1,705,560.83 CAD
Lot Size 0.49 AC

Level; all utilities; and two curb cuts;

DESCRIPTION

Center City zoning in Springfield, MO, is governed by the city's Center City Plan and updated community codes, which focus on creating distinct, mixed-use urban districts like Downtown, Commercial Street, and Walnut Street. The zoning aims to balance residential and commercial development, promote quality of place, and adapt to modern trends like "missing middle" housing (duplexes, townhomes) and reduced parking requirements. The updated Community Land Development Code and specific district plans, such as the College Street Corridor Plan, provide detailed regulations for uses, building types, and urban design within these areas.

1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (83)
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PROPERTY TAXES

Parcel Number 13-24-240-005 Improvements Assessment $207,656 CAD
Land Assessment $65,946 CAD Total Assessment $273,602 CAD

PROPERTY TAXES

Parcel Number
13-24-240-005
Land Assessment
$65,946 CAD
Improvements Assessment
$207,656 CAD
Total Assessment
$273,602 CAD
(417) 888-3231

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38033970

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: 435 E Walnut St, Springfield, MO 65806

The Land Property at 435 E Walnut St, Springfield, MO 65806 is currently available for Sale. Contact Reece Commercial for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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435 E Walnut St
(417) 888-3231 x

435 E Walnut St

Skip Liebman
(417) 888-3231

Keaton Snow
(417) 860-4955

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