Ward Branch Institutional level STAR land listing 93 ac next to Sam's & Academy, 3% BBC, $10M US

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Uploaded by on Aug 2, 2011

Ward Branch is an Institutional quality STAR land listing with Mark Patrick and Wally Nattinger of Coldwell Banker Commercial Vanguard. Features 93+ acres, 2,896 est. frontage, 21% wooded, 38K+ avg. daily two-way traffic and 5 established access points.

It is the largest contiguous acreage offering in Springfield. Great location next to James River Commons anchored by Sam's and Academy and Outlet Center, and next to the Springfield Library Center.

It offers the best location, demographics and schools. It is a tremendous location on US HWY 160 just 0.4 mi. south of US HWY 60. It is zoned single-family residential, agriculture exempt with $155 annual taxes and is in the Springfield City Limits.

$10M US. 3% BBC.

Potential Uses

Preliminary highest and best use CCIM analysis suggests excellent location for:

(1) Single-family and multi-family

(2) Retail and professional

(3) Motel

(4) Mini-storage

(5) Power Center

Great Location

It is located directly on US HWY 160/S Campbell AVE/SR 13.

(6) Stunning neighbors: next to James River Commons anchored by Sam's Club and Academy Sports and to Library Center.

(7) Great access: 0.4 mi. S of James River FWY, 4 mi. US HWY 65, 5 mi. to downtown, 9 mi. to I44 and James River FWY, 9 mi. to I44 and Schoolcraft FWY.

(8) Easy airport access: 9.2 mi. to Springfield-Branson International Airport (KSGF) served by American, Allegiant, Delta and United

Superior Retail Opportunities

Within 0.5 mi., the area has attracted the following national chains and franchises: Sam's Club, Academy Sports, Quick Trip, Pizza Hut, Sleep Inn, Comfort Suites and Texas Roadhouse.

Still, at a 5-minute drive-time:

(9) Top 3 retail opportunities avg.: $6.0M+ in potential revenues; $647 per household; and $280 per person

(10) Top 5 avg.: $4.6M+ total; $492 per household; and $213 per person

(11) Top 10 avg.: $2.7M+ total; $287 per household; and $124 per person

(12) Top opportunities: Gas Station; Clothing and Accessories; Food and Beverage; Sports, Hobbies and Music; Jewelry, Luggage and Leather; Beer, Wine and Liquor; Building Materials and Supplies; and Shoes

Unmatched Immediate Area Demographics

The Census Tract compared to all Benchmarks*has:

(13) Lowest: Unemployment rate, leverage indicators such as % home values to mortgage; % vacant homes for rent; avg. age and % 65+ years old; lowest % married and separated.

(14) Highest: % population, family and household growth; avg. income, % $100K+ household incomes and % $250K household incomes; % single family detached homes; avg. net worth; education levels; % married and together; % residents in retail; % $300K-$750K home values; % under 18 years old.

(15) 2nd highest: Avg home values; % $500K+ household incomes, home values $1M+, avg. mortgage, $1M+ household net worth.

*Benchmarks: Census Tract, 1-mile radius, 5-min. drive-time, 65810 Zip Code, City of Springfield, Greene County, Springfield CBSA, Springfield DMA, Missouri and the US

Best Public Schools

3 of 4 schools attended have a 9 of 10 GreatSchools rating and one has a 10 of 10 GreatSchools rating. All 4 schools have "Distinguished" Greatschools ratings. All grades significantly outperformed State averages in MCAT and EOC scores across all skill sets. On average, the 4 schools attended outperformed State averages by 39%.

National Rankings

Nationally ranked by Bizjournals, Entrepreneur, Forbes, Milken Institute, National Geographic, World Health Organization in following categories:

(16) Safe Community

(17) Top 12 Metros for Recruitment and Attraction

(18) Top 20 Mid-Sized City for Entrepreneurs

(19) Top Place for Business and Careers

(20) Top 40 Best Quality of Life

(21) Top 50 Best Performing City

(22) 100 Best Community for Young People

(23) 5-Star Quality of Life

(24) Top 50 Adventure Towns

(25) Top 10 Hot City for Entrepreneurs

Local Financing and Incentive Programs

The following may be available depending on business plan details. Consult the Springfield Partnership for Economic Development for details.

(26) Potential financing programs

(a) Industrial Revenue Bonds

(b) Linked Deposit Program

(27) Potential Incentives

(a) Enhanced Enterprise Zone: Additional abatement for LEED-Silver.

(b) Missouri Quality Jobs

(c) Development Tax Credits

(d) BUILD Missouri

(e) Missouri Training Programs

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  • Fantastic presentation! This brokerage knows how to present, show and inform potential customers with professionalism and respect. Another great STAR land listing...

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