Top1031

166 Auto Auction Remarketing Center

Industrial / special-purpose (auto auction, NNN) property in Springfield, MO — sponsor not disclosed

Files with the SEC as U.S. Property Development - Springfield DST

Minimum investment
$100k
Offering size
$13.2M
How much has sold
1.0%
Asset type
Industrial / special-purpose (auto auction, NNN) property
Location
Springfield, MO
Financing
Leveraged. This offering reports mortgage debt on the property.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

166 Auto Auction Remarketing Center is a Delaware statutory trust (DST) — fractional, passive property ownership whose interests can serve as 1031 exchange replacement property — holding an automotive auction campus in Springfield, Missouri.1 The site operates as a dealer remarketing center powered by ACV Auctions.2 Interests are offered under Rule 506(c), which permits public advertising so long as every buyer is verified as accredited.

166 Auto Auction Remarketing Center image

Min $100k (506c); NNN 7-yr lease to 166 Auto Auction (ACV Auctions/ACVA sub); $108k of $13.2M sold as of 6/1/26

Show sources (10)Hide sources (10)

These links support the public record as a whole; individual details may come from different sources.

Location map2944 W Sunshine St, Springfield, MOAddress matched to a cited source

On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.

Chapter 2

What exactly is the property?

The sponsor's project page breaks the campus into a 48,500 SF body shop, a 24,285 SF auction barn, a 13,550 SF detail shop, a 4,870 SF tunnel car wash and an 832 SF detached garage, plus secured site improvements.3 ACV Auctions reported buying all ownership interests in the 166 Auto Auction business on March 8, 2024 for $27.4 million in cash — the operating company, not this real estate.4 No primary record establishing when the Trust took title was located.

Property address
2944 W Sunshine St, Springfield, MO
Property size
~92k SF, 5 bldgs, 38.66 ac, 1,200+ parking
Chapter 3

Who is the tenant, and what's the lease?

The occupant is 166 Auto Auction, whose Springfield center runs dealer auctions powered by ACV.2 Lease terms are sponsor-reported and differ by source: Top1031 listing data records a seven-year triple-net lease — tenant pays taxes, insurance and maintenance — while sponsor material describes 20 years with two five-year renewal options and 3% annual escalations through lease year 12.5

Chapter 4

How are sales going?

These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.

How we work out how much has sold

We divide the amount the sponsor reports sold by the offering size in its latest SEC filing, filed Jun 1, 2026.

  • The sponsor reports these amounts itself, and can amend them later.
  • A filing can be behind what has actually sold. It does not confirm that interests are still available.
  • The amount left to sell is the offering size minus the amount sold.
1.0% reported sold
Amount sold
$107,764
Still available
$13,104,379
Investors reported
Not stated
Total offering
$13,212,143
Amount soldInvestors
Feb 26, 2025Jun 1, 2026
See how much of this offering has soldSign in by email and confirm you’re an accredited investor.
Chapter 5

How is it financed, and what does it pay?

Public filings do not settle how this property is capitalized; what the Trust sells is beneficial interests in the Delaware statutory trust itself.1 No filing or sponsor page reviewed names a lender, loan amount or maturity, so mortgage debt, if any, would be described only in the PPM — the private placement memorandum given to prospective investors.

Chapter 7

What does the paperwork say?

The amendments restate amounts sold and remaining as of each filing date rather than as a running cumulative total, which is why the reported figures move both up and down across the series. The total offering amount has stayed at $13,212,143 in every filing on record. The latest amendment reports a first sale date of May 22, 2026.7

  1. First Form D filedThe public offering record begins.
  2. Offering amount recordedA Form D amendment recorded offering and sales totals.
  3. Filing record updatedA later amendment updated the sponsor’s filing record.
  4. Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
Filings on record
15
How it may be offered
Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.

Chapter 8

Common questions

Is 166 Auto Auction Remarketing Center still raising money?

Top1031 lists 166 Auto Auction Remarketing Center as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.

Where does Top1031 get the data for 166 Auto Auction Remarketing Center?

Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Who occupies the property, and who stands behind that occupant?

166 Auto Auction operates the remarketing center at 2944 W Sunshine St in Springfield, Missouri. ACV Auctions' own remarketing-center page lists that address, describes the location as powered by ACV, and states that weekly sales run Thursdays at 9 AM CT. ACV Auctions Inc.'s 2024 Form 10-K reports that on March 8, 2024 it acquired all ownership interests in 166 Auto Auction for total cash consideration of $27.4 million — that passage concerns the wholesale auction business, not the real estate held by this Trust. Whether ACV Auctions Inc. guarantees or is a party to the lease is not settled by the filings reviewed; that is a PPM question.

How did the property end up in this Trust?

The public record reviewed through August 24, 2026 does not establish it. A secondary lead reports that ACV acquired the 166 Auto Auction operating business on March 8, 2024 and then divested the Springfield real estate to this Delaware statutory trust through a February 2025 sale-leaseback, but the underlying ACV annual-report extract reviewed confirms only the operating-business acquisition, not the real-estate disposition. No deed, settlement statement or trust-level purchase price was located.

What is the property, physically?

An automotive auction and reconditioning campus of roughly 92,037 square feet across five single-story buildings on about 38.66 acres, with more than 1,200 parking spaces. Sponsor materials break the improvements into a 48,500 SF body shop, a 24,285 SF auction barn, a 13,550 SF detail shop, a 4,870 SF tunnel car wash and an 832 SF detached garage. No lease commencement date or base rent appears in the public materials reviewed.

Is this Trust still open to new investors?

It is still raising. The most recent Form D amendment on record is dated June 1, 2026, and the offering is made under Rule 506(c) — the exemption that allows public advertising when every purchaser is verified as accredited — with a stated minimum investment of $100,000. The total offering amount reported in that filing is $13,212,143. Form D figures are as-of-filing snapshots and do not by themselves prove interests remain available on any given day; the offering's reported progress appears in the sales section of this page.

Does the Trust use mortgage debt?

The public record does not say. Form D notices disclose the securities offered and sold, not property-level financing, and what this issuer offers is beneficial interests in the trust. Neither the sponsor's Springfield DST page nor any amendment reviewed names a lender, loan amount, maturity or loan-to-value, and no debt figure was established through August 24, 2026. Any borrowing and its terms would be described in the PPM.

Could this Trust convert into a REIT through a 721/UPREIT exit?

The record for this Trust indicates no REIT conversion path. A 721/UPREIT exit is where DST investors contribute their property interest to a REIT's operating partnership in exchange for OP units, deferring tax but ending direct real estate ownership. Nothing in the filings reviewed points to that route here, and exit mechanics are governed by the PPM.