12-Bay Auto Repair
For Sale
$1,200,000
2140 W Sunset Street, Springfield, MO 65807
Commercial Sale, Springfield, MO
Property Size6,554 SF
Lot Size1.05 Acres
Price / SF$183.09
Days on Market124
Property Features for 2140 W Sunset Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INC
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Lot features
Level
Directions
From Battlefield and Kansas Expressway, north on Kansas Expressway to Sunset, west to property on the left.
Standard status
Active
APN
1803101131
Lot size
1.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Battlefield Business Center No. 4 Lot 2
Tax Annual Amount
6957
Legal Description
Battlefield Business Center No. 4 Lot 2
Utilities
Utilities
Water Available
Heating system
Forced Air
Cooling system
Central Air
Amenities
Two separate addresses
Separately metered utilities
Building Details
Year built
2000
Roof type
Flat
Listing Agency:
AMAX Real Estate
(417) 855-2333
Listed By:
Lina Robertson · License #2000172379
(417) 844-7265
Added: Jun 3
Changed: Sep 15
Last Checked: Oct 4 at 4:06PM
MLS# 60325374
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 automotive property includes a 6,554 SF building on 1.05 acres, with 1,086 SF assigned to office and reception functions and 5,468 SF configured for shop operations. The facility contains 12 bays, was built in 2000, and includes furniture and equipment. Forced-air heating, central air, a flat roof, water availability, and two bathrooms are also provided.
The property has 20+ on-site parking spaces and two separate addresses with separately metered utilities. It is located in the Battlefield Business Center near Classic Rock Coffee in Springfield, Missouri. Zoned INC, the site combines an established automotive layout with a configuration that supports operational separation or future multi-tenant flexibility, as described in the property information.
The property has 20+ on-site parking spaces and two separate addresses with separately metered utilities. It is located in the Battlefield Business Center near Classic Rock Coffee in Springfield, Missouri. Zoned INC, the site combines an established automotive layout with a configuration that supports operational separation or future multi-tenant flexibility, as described in the property information.
Key Highlights
- 6,554 SF building on 1.05 acres
- 12 service bays with 5,468 SF of shop space
- 1,086 SF of office and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,775
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$975,500
$975.5K
Cap Rate 7%
$696,786
$696.8K
Cap Rate 9%
$541,944
$541.9K
Market Conditions
NOI Build-Up for 6,554 SF
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.
Gross rent
$72.4K $11.04/SF
− Vacancy
−$2.7K −$0.41/SF
EGI
$69.7K $10.63/SF
− OpEx
−$20.9K −$3.19/SF
NOI
$48.8K $7.44/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$975,500
Cap Rate 7%
$696,786
Cap Rate 9%
$541,944
Alternative Uses
Best Use
Retail
$696.8K
$609.7K – $812.9K
NOI $48,775 @ 7.0% cap · market cap 4.06%
Second Best
Industrial
$300.3K
$262.8K – $350.3K
NOI $21,020 @ 7.0% cap · market cap 1.75%
Theoretical Best
Office A
$989.2K
$865.6K – $1.15M
NOI $69,245 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
12
Service bays
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Green Power Sports — 3135 S Scenic Ave Suite D, Springfield, MO 65807
- Apex Automotive — 3135 S Scenic Ave Suite D, Springfield, MO 65807
- Fajardo's Auto Repair — 3101 S Scenic Ave # F, Springfield, MO 65807
- Reno's Automotive — 3101 S Scenic Ave ste a, Springfield, MO 65807
- Carlisle Belts — 2601 W Battlefield Rd, Springfield, MO 65807
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive facility with dedicated office, reception, and service areas on a commercial site.
Where is this auto shop located?
The property is located at 2140 W Sunset Street Springfield, MO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,554 SF building on 1.05 acres; 12 service bays with 5,468 SF of shop space; 1,086 SF of office and reception area
