Lot For Sale in Chestnut Crossing (Lot 1B South)

Vacant Land for Sale
Catylist Listing ID: 30351922
Property Subtypes: Retail-Pad
Gross Land Area: 1.07 Acres
Sale Price: $8.50 PSF
Total Price: $396,178
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 12/20/2018

Overview / Comments

240 S. Western Ave (Lot 1B South) is a +/- 1.075 acre PAD site available near the Price Cutter Plus, at the southeast corner of West Bypass & Chestnut Expressway. Located in Chestnut Crossing adjacent to ACE Hardware. Surrounding businesses include the Kum & Go Go Fresh Market, KFC & Arby's restaurants, Goodwill Store as well as Simmons Bank and the Simmons Bank Operation Center.

All retail sales in Chestnut Crossing are subject to a Community Improvement District (CID) assessment= 0.005 (1/2 of 1%) retail sales tax only.

Owner will consider ground lease or ground lease with build-to-suit.

Acreage can be divided or combined together.

Adjacent lot is also available:
Lot 1B North: +/- 1.075* acres $469,059
Lot 1B South: +/- 1.075* acres $398,700


Contact Ken Schwab at 417.890.3226 or kschwab@wilhoitproperties.com for more details.

Additional Details

Nearest MSA: Springfield
County: Greene
Tax ID/APN: 881321202103
Zoning: PD 211
Property Located Between: West Bypass and Chestnut Expressway
Property Visibility: Excellent
Largest Nearby Street: Chestnut Expressway
Traffic/Vehicle Count: 28,897
Highway Access: 2.5 miles from Highway I-44
Zoning Description: PD 211-Subject to restrictive covenants Office/Retail/Commercial Use

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,948 60,577 143,720
Median Age: 35.74 34.66 34.38
Households: 2,752 25,372 60,759
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