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    2835 N Oak Grove Ave Springfield, MO 65803

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    For Sale
    $9,375,000

    Turnkey, fully leased industrial property in Springfield, Missouri.

    Property size:
    27,050 SF
    Lot size:
    2.39 Acres

    Property Features for 2835 N Oak Grove Ave

    General Information

    Size
    27,050 SF
    Lot size
    2.39 Acres

    Source: R.B. Murray Company Agent Ryan Murray

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

    Overview

    Springfield Industrial Investment Opportunity

    This industrial property, located in Springfield, Missouri, presents an investment opportunity. The property is 100% leased to Mérieux NutriSciences. The facility is a critical use food testing lab. The property has a size of 27050 square feet and operates on a single tenant net lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mérieux NutriSciences (MxNS) ... Laboratory

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop 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
    -93.2409517
    Latitude
    37.2473466

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    FAQs

    What type of property is this?
    Manufacturing property - Turnkey, fully leased industrial property in Springfield, Missouri.
    Where is this manufacturing property located?
    The property is located at 2835 N Oak Grove Ave Springfield, MO.
    What is the asking price?
    The asking price for this property is $9,375,000.
    What are key features of this property?
    This property features: - 100% leased to Mérieux NutriSciences; - Single tenant - net lease; - Critical use facility (food testing lab)
    (417) 881-0600
    Request Owner's contact information
    2835 N Oak Grove Ave Springfield, MO 65803
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    Springfield, MO 65803
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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
    2835 N Oak Grove Ave Springfield, MO 65803
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