Springfield Warehouse with
1245 E Commercial Street Springfield, MO 65803
For Sale
$325,000
Pending
COMMERCIAL - Springfield, MO
Property Size9,290 SF
Lot Size0.44 Acres
Days on Market78
Property Features for 1245 E Commercial Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- INC
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Garage - Attached
- Standard status
- Pending
- APN
- 1207316033
- Size
- 9,290 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 0.44A M/L Beg 899.05 Ft W Center Ln Sw1/4 & N Ln Commercial St N 184.2 Ft Nwly 90 Ft Swly 105 Ft Sely To N Ln Commercial St E To Beg 7/29/21
- Tax Annual Amount
- 2590
Utilities
- Utilities
- Water Available
- Heating system
- Varies by Unit (Heating), Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1950
- Roof type
- Metal
Listing Agency:
Alpha Realty MO, LLC
(417) 719-1560
Listed By:
Lex Kozlov · License #2020038400
(417) 880-2014
Added: May 8
Changed: Jun 16
Last Checked: Jul 24 at 11:06PM
MLS# 60322970
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 9,290 sq ft warehouse with crossdock is located in Springfield's expanding industrial corridor. The property is suited for distribution, light manufacturing, storage, or flex use. The location provides convenient access to major thoroughfares, allowing for efficient logistics and connectivity across the Springfield metro area. The surrounding area includes established commercial and industrial users. This property offers space and accessibility.
Key Highlights
- 9,290 sq ft warehouse with crossdock layout
- Heated by electric; varies by unit
- Electric cooling
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $4.68 |
| − Vacancy | −$913 | −$0.10 |
| EGI | $42.6k | $4.58 |
| − OpEx | −$12.8k | −$1.37 |
| NOI | $29.8k | $3.21 |
9,290 SF · lease $4.68/SF/yr · vacancy 2.10% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$516.9K
$452.3K – $603.0K
NOI $36,180 @ 7.0% cap · market cap 11.13%
Second Best
Industrial
$425.6K
$372.4K – $496.6K
NOI $29,795 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,151 @ 7.0% cap · market cap 30.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bill Wolter's Furniture ...
Renovation Specialist
Similar Off Market Nearby
- StorageMart — 1723 E Florida St, Springfield, MO 65803
- North National Storage — 1216 E Thoman St, Springfield, MO 65803
- StorageMart — 1905 N Glenstone Ave, Springfield, MO 65803
- Self-Storage at U-Haul — 1768 N Glenstone Ave, Springfield, MO 65803
FAQs
What type of property is this?
Warehouse - 9,290 SF warehouse in Springfield's industrial corridor.
Where is this warehouse located?
The property is located at 1245 E Commercial Street Springfield, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 9,290 sq ft warehouse with crossdock layout; Heated by electric; varies by unit; Electric cooling
