Auto Shop With
For Sale
$800,000
5427-5429 S Campbell Avenue, Springfield, MO 65810
Commercial Sale, Springfield, MO
Property Size4,000 SF
Lot Size1.00 Acre
Price / SF$200
Days on Market23
Property Features for 5427-5429 S Campbell Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial GR
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Lot features
Level
Directions
South on Campbell Avenue to FR 182 (Plainview) Turn right and then immediately left at first street, Melbourne. Property is on the left just past bank entry.
Standard status
Active
APN
1823400472
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
.52A M/L E 284 FT OF: BEG 267.5 FT S NE COR NE1/4 SE1/4 23/28/22 W 264.5 FT N 25.5 FT W 284 FT S 125.5 FT E 584.4 FT N 100 FT TO BEG (EX E 30.3 FT) 23/28/22
Legal Description
.52A M/L E 284 FT OF: BEG 267.5 FT S NE COR NE1/4 SE1/4 23/28/22 W 264.5 FT N 25.5 FT W 284 FT S 125.5 FT E 584.4 FT N 100 FT TO BEG (EX E 30.3 FT) 23/28/22
Utilities
Utilities
Water Available
Amenities
showroom
2 offices
2 bathrooms
Building Details
Year built
1980
Listing Agency:
Keller Williams Local · Keller Williams Realty
(417) 883-4900
Listed By:
Christopher Taylor
(417) 861-3630
Added: Aug 20
Changed: Sep 11
Last Checked: Sep 11 at 12:06PM
MLS# 60333576
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 operating automotive property combines auto sales and repair operations with U-Haul rental use. The 4,000-square-foot shop includes a showroom, two offices, and two bathrooms, creating a practical layout for customer-facing and administrative functions alongside service work. The building was constructed in 1980.
The property comprises two parcels at the corner of FR 182 and South Campbell Avenue in Springfield. Commercial GR zoning and water availability are documented for the site, which is identified by the address 5427-5429 S Campbell Avenue.
The property comprises two parcels at the corner of FR 182 and South Campbell Avenue in Springfield. Commercial GR zoning and water availability are documented for the site, which is identified by the address 5427-5429 S Campbell Avenue.
Key Highlights
- 4,000‑square‑foot shop with showroom, two offices, and two bathrooms
- Operating auto sales and repair business
- U‑Haul rental use included
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
$29,768
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
3.72%
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%
$595,360
$595.4K
Cap Rate 7%
$425,257
$425.3K
Cap Rate 9%
$330,756
$330.8K
Market Conditions
NOI Build-Up for 4,000 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
$44.2K $11.04/SF
− Vacancy
−$1.6K −$0.41/SF
EGI
$42.5K $10.63/SF
− OpEx
−$12.8K −$3.19/SF
NOI
$29.8K $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%
$595,360
Cap Rate 7%
$425,257
Cap Rate 9%
$330,756
Alternative Uses
Best Use
Retail
$425.3K
$372.1K – $496.1K
NOI $29,768 @ 7.0% cap · market cap 3.72%
Second Best
Industrial
$183.3K
$160.4K – $213.8K
NOI $12,829 @ 7.0% cap · market cap 1.60%
Theoretical Best
Office A
$603.7K
$528.3K – $704.4K
NOI $42,261 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65810, MO
23,168
Population
10,022
Households
2.3
Avg Household Size
42
Median Age
47%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
1,931
Density / Sq Mi
$90,562
Median Household Income
$50,155
Median Earnings
$1,109
Median Rent
$282,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dan's Auto — 5685 S Wedgewood Ave, Springfield, MO 65810
- RNR Tire Express — 5640 S Campbell Ave, Springfield, MO 65810
- Slingin chrome garage — 425 W Farm Rd 182, Springfield, MO 65810
- Marco Automotive — 601 W Farm Rd 182, Springfield, MO 65810
- Maaco Auto Body Shop & Painting — 431 W Bryant St, Springfield, MO 65810
Frequently Asked Questions
What type of property is this?
Auto shop - Operating automotive property with showroom, offices, repair space, and U-Haul rental use.
Where is this auto shop located?
The property is located at 5427-5429 S Campbell Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 4,000‑square‑foot shop with showroom, two offices, and two bathrooms; Operating auto sales and repair business; U‑Haul rental use included
