Chestnut Crossing, Phase 2-Lot 1B South

Vacant Land for Sale
Catylist Listing ID: 2020681
Property Subtypes: Retail-Pad
Gross Land Area: 46,905 SF
Sale Price: $8.50 PSF
Total Price: $398,692
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 9/16/2018

Overview / Comments

+/- 2.15* acre PAD site available near the Price Cutter Plus, at the southeast corner of West Bypass & Chestnut Expy. 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 build-to-suit leases.

Owner will also consider combining the parcel based upon the following valuations:
Lot 1B North: +/- 1.075* acres $469,059.10
Lot 1B South: +/- 1.075* acres $398,700.23
Entire Parcel: +/- 2.15* acres $867,759.33

*All references to sizes, square feet and acreage herein are approximate.


Finance Data Year 2010
Real Estate Taxes - Annual($) $4,768 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $4,758 (Annual)

Additional Details

Nearest MSA: Springfield
County: Greene
Zoning: PD 211
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
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.