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: 9/16/2017

Overview / Comments

+/- 2.15* acre PAD site available near the NEW (+/- 55,000* SF) Price Cutter Plus, at the southeast corner of West Bypass & Chestnut Expy. Located in Chestnut Crossing adjacent to ACE Hardware. Surrounding businesses include the new Liberty Bank, KFC & Arby's restaurants and a 20,000 SF office tech 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.

Attachments & Media

Financials

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

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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