Earlier this month, we noticed a unique 100-acre vacant property within city limits hitting the real estate market. This listing is quite the contrast: a 240-square-foot building on a 0.17-acre lot.
The list price is $59,900, or $250 per square foot, according to agent Galen Pellham of Murney & Associates Realtors.
The single-room building that appears to have been a service station in its former life sits at the northwest corner of Grant Avenue and Division Street. The 1503 N. Grant Ave. property appraised for $20,000 earlier this year, according to Greene County assessor records, and its assessed, or taxed, value is $6,400.
Pellham also lists a roomier 897-square-foot building kitty-corner at the intersection for $75,000.
What could you do with 240 square feet?
For comparison sake, it’s the size of:
• a Federal Emergency Management Agency trailer that many Americans temporarily lived in following hurricanes Katrina and Rita
• a Michigan man’s retirement dream home
• a Manhattan studio apartment (actually three times the size of this one) that rents for $800 per month
• the living quarters in a custom-built off-road recreational vehicle by Global Expedition Vehicles in Nixa
• BKD CEO Neal Spencer’s 18th-floor office in Hammons Tower before the firm built its headquarters across St. Louis Street (the Grant Avenue building footprint would actually fit inside the executive suite).
Let’s just say, the possibilities are endless.
And then there’s Chateau Pensmore under construction in Christian County. It would take 300 of the Grant Avenue buildings to fill the 72,000-square-foot mansion in Highlandville.
As to the 100-acre south Springfield property listed for $10 million, Coldwell Banker agent Wally Nattinger says a developer has expressed interest in the back-40 acres for a residential community to help create a buffer between the commercial properties fronting South Campbell Avenue and the Quail Creek neighborhood to the west of the vacant land.
“We have had a couple of lookers at the front section for a big box store,” Nattinger says.
But no takers yet.