Industrial Warehouse with Dual
300 E Chestnut Street Springfield, MO 65806
For Sale
$1,075,000
COMMERCIAL - Springfield, MO
Property Size10,000 SF
Lot Size0.30 Acres
Price / SF$107.50
Days on Market16
Property Features for 300 E Chestnut Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- INC
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 1313316006
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Beg Se Cor Robberson & Chestnut Sts E 100 Ft S 130 Ft W 100 Ft N To Beg
- Tax Annual Amount
- 9221
Building Details
- Year built
- 1963
- Number of units
- 2
Listing Agency:
Alpha Realty MO, LLC
(417) 719-1560
Listed By:
Paul Tillman · License #2023024942
(417) 872-7468
Added: Jul 9
Last Checked: Jul 24 at 11:06PM
MLS# 60328444
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 sale offering presents a versatile industrial property with approximately 10,000 square feet of warehouse space, including an 8,500 SF primary warehouse and an additional 1,500 SF secondary warehouse. The primary building is set up for flexible loading with one dock-high door and one ramped drive-in door. The secondary warehouse has its own drive-in door, supporting additional storage or operational space.
The functional layout is described as well suited for warehousing, light manufacturing, contractors, distribution, and a wide range of industrial users. The listing also notes a connected property to the south at 638 N Roberson (the 1,500 SF building), which may be relevant for tenants or buyers evaluating expanded contiguous space.
Zoned INC, the property is offered for sale as a compact industrial option on a 0.3-acre lot.
The functional layout is described as well suited for warehousing, light manufacturing, contractors, distribution, and a wide range of industrial users. The listing also notes a connected property to the south at 638 N Roberson (the 1,500 SF building), which may be relevant for tenants or buyers evaluating expanded contiguous space.
Zoned INC, the property is offered for sale as a compact industrial option on a 0.3-acre lot.
Key Highlights
- Approximately 10,000 SF industrial property with an 8,500 SF warehouse plus an additional 1,500 SF warehouse
- Primary warehouse has one dock‑high door and one ramped drive‑in door for flexible loading
- Secondary 1,500 SF warehouse includes its own drive‑in door for separate storage or work space
Financial Insights For Warehouse
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 | $46.8k | $4.68 |
| − Vacancy | −$983 | −$0.10 |
| EGI | $45.8k | $4.58 |
| − OpEx | −$6.9k | −$0.69 |
| NOI | $38.9k | $3.89 |
10,000 SF · lease $4.68/SF/yr · vacancy 2.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$556.4K
$486.8K – $649.1K
NOI $38,945 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,653 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Devon Self Storage — 651 N Boonville Ave, Springfield, MO 65806
- Springfield storage — Springfield, MO 65806
- Saftstor Storage — Springfield, MO 65806
- Meeks Warehouse — 404 N Jefferson Ave, Springfield, MO 65806
FAQs
What type of property is this?
Warehouse - Industrial facility includes an 8,500 SF dock-and-ramp warehouse plus a secondary 1,500 SF warehouse with drive-in door.
Where is this warehouse located?
The property is located at 300 E Chestnut Street Springfield, MO.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Approximately 10,000 SF industrial property with an 8,500 SF warehouse plus an additional 1,500 SF warehouse; Primary warehouse has one dock‑high door and one ramped drive‑in door for flexible loading; Secondary 1,500 SF warehouse includes its own drive‑in door for separate storage or work space
