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    431 S Jefferson Ave Springfield, MO 65806

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    For Lease
    $10 SF/Yr

    Mixed-use space available for lease in downtown Springfield, Missouri.

    Property size:
    47,836 SF
    Lot size:
    47,836 SF

    Property Features for 431 S Jefferson Ave

    General Information

    Size
    47,836 SF

    Source: Jack Rankin Agent Jack Rankin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Space in Downtown Springfield

    Located in downtown Springfield, Missouri, this mixed-use space at Wilhoit Plaza is available for lease. The building is suitable for retail, office, and restaurant uses. Suites range in size from 328 to 2,660 square feet. Specifically, Suite 134 offers 2,660 square feet suitable for office or retail purposes. Wilhoit Workspaces include Suite 134A (636 square feet), Suite 134B (324 square feet), Suite 134C (271 square feet), and Suite 134D (234 square feet), all suitable for office or retail use. Downtown Springfield serves as a regional hub with educational services and healthcare facilities. The area is home to Missouri State University, Drury University, and Evangel University, along with other colleges, contributing to a total college and university population exceeding 44,221 students. Nearby businesses include Hotel Vandivort, CrossFit Royal Barbell, Pickleman's Cafe, Insomnia Cookies, Flame Steakhouse & Wine Bar, Bair's Sports Grill, Black Sheep Burgers and Shakes, and Mudhouse Coffee. The Discovery Center of Springfield is also located nearby. The property benefits from Center City zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Green House Coffee ... Coffee Shop Messenger Plumbing, LLC Plumber Wilhoit Plaza Lofts Apartment Complex The Potts Law Firm Personal Injury Attorney US Department of Commerce Federal Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2900467
    Latitude
    37.2060221

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    FAQs

    What type of property is this?
    Office space - Mixed-use space available for lease in downtown Springfield, Missouri.
    Where is this office space located?
    The property is located at 431 S Jefferson Ave Springfield, MO.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of Downtown Springfield.; - Mixed-use building suitable for retail, office, restaurant, and more.; - Suites available ranging from 328-2,660 SF.
    (417) 860-9951
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    431 S Jefferson Ave Springfield, MO 65806
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    Springfield, MO 65806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    431 S Jefferson Ave Springfield, MO 65806
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