Saturday, January 8, 2011

One of best Midwest US NEW multi-family dev. opportunities minimal competition, great demographics & location. http://wp.me/p1gvH4-15


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Land For Sale


Chestnut Park # 2 on West Chestnut Expressway
3902 W Chestnut Expy, Springfield, MO 65802
3902 W Chestnut Expy, Springfield, MO 65802

3902 W Chestnut Expy, Springfield, MO 65802

Price:$750,000
Lot Size:298,396 SF
Property Type:Land
Property Sub-type:Multifamily (land)
Tax ID / APN #:Chestnut Park 2
Zoning Description:Medium-Density Multi-Family Residential District (R-MD) for 198 units
Features:
  • Electricity/Power
  • Water
  • Telephone
  • Cable
  • Last Verified 1/8/2011
    Listing ID 16971962





    1 Lot Available



     
    Lot 2

     Price:$750,000 
     Lot Size:298,396 SF 
     Price/SF:$2.51 
     Lot Type:Multifamily (land) 
     Commission Split:5% 





    Map of 3902 W Chestnut Expy, Springfield, MO 65802 (Greene County)


    Find out more about 3902 W Chestnut Expy, Springfield





    Highlights
    One of best NEW multi-family development opportunities available with minimal competition, great demographics & location!
    Analysis based on CCIM and other data confirms significant potential opportunities in multi-family.
    Chestnut Park offers 1,100' frontage on the W Chestnut Exp, in City limits, all City utilities and all detention in for current zoning
    Only 2.8 mi. to the Partnership Industrial Center West, 2.9 mi. to Springfield-Branson National Airport and 3 mi. to downtown
    In the very high performing Willard R-II ISD with elementary students attending the newest school in the district
    Highest % growth in: population, households, families, $100K and higher households and $250K and higher households







    Description
    One of best NEW multi-family development opportunities available with minimal competition, great demographics & location in the mid-west! Excellent location and rare opportunity to acquire undeveloped multi-family land on the West Chestnut Expressway just inside the loop!

    Coldwell Banker Commercial Vanguard in Springfield, Missouri has been retained as the exclusive advisor for the sale of Chestnut Park on I44B inside the loop in the Springfield City Limits. Coldwell Banker Commercial Southwest Partners through a collaborative brokerage agreement with Coldwell Banker Commercial Vanguard is managing this listing.

    Chestnut Park # 1 has 2.59 acres. It was sold to the City of Springfield. A new Fire Station is under construction.

    Chestnut Park pricing ranges from $206,000 to $4,253,000. Price per SF ranges from $1.71 to $3.79. Acreage ranges from 1.61 to 42.72!

    This offering is for Tract # .2. It is Zoned Medium-Density Multi-Family Residential District
    (R-MD) for 198 units. It spans 6.85 acres (298,386 est. SF). Aggressively priced at $750,000 or $2.52 SF.
    (49) Directly on the Chestnut Expressway (I44 Business).

    (50) Easy I44 access. 1.4 mi. to Interstate 44 and Chestnut Expressway, 2.7 mi. to Interstate 44 and US Highway 160 North, 4.9 mi. to Interstate 44 and the James River Freeway, 9.8 mi. to Interstate 44 and US 65 North.

    (51) Superior access to local communities. 5.5 mi. to Brookline, 9.0 mi. to Willard, 10.6 to Quail Creek and 12.5 mi. to Galloway.

    (52) Excellent Missouri access. 48 mi. to Branson, 70 mi. to Joplin, 141 mi. to Jefferson City, 172 mi. to Columbia, 219 mi. to St. Louis and 223 mi. to St. Joseph.

    (53) Unmatched regional access. 144 mi. to Fayette, AR, 192 to Kansas City, KS, 198 to Tulsa, OK, 219 to Little Rock, AR and 251 to Wichita, KS.

    (54) Airport access. 6.6 mi. to Springfield-Branson National Airport (KSGF) and 7.1 mi. to Springfield Downtown Executive Airport.





    Additional Photos

    1-site plan

    1-site plan


    2-offering summary

    2-offering summary


    3-bird

    3-bird's eye view tract # 2


    4-satellite hybrid close-up

    4-satellite hybrid close-up


    5-satellite hybrid area

    5-satellite hybrid area


    8-map close-up

    8-map close-up


    9-satellite close-up

    9-satellite close-up


    10-distance to local destinations

    10-distance to local destinations


    11-satellite with site plan overlay

    11-satellite with site plan overlay


    12-drive-time study

    12-drive-time study


    13-regional map

    13-regional map


    14-US, MO and Greene County map collage

    14-US, MO and Greene County map collage


    15-map immediate area

    15-map immediate area


    16-distance to regional destinations

    16-distance to regional destinations


    17-metro map

    17-metro map


    18-satellite one-mi radius

    18-satellite one-mi radius


    19-satellite two-mi radius

    19-satellite two-mi radius


    20-1, 3 & 5 mi-radiuses map

    20-1, 3 & 5 mi-radiuses map


    34-zoning table

    34-zoning table


    35-zoning map

    35-zoning map


    60-QR code

    60-QR code




    Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
    The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


     
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