Office Condo Suite
For Sale
Contact for pricing
1200 E Woodhurst Dr, Springfield, MO 65804
Professional office suite with natural light in Woodhurst Office Park, offering ample employee and visitor parking.
Property Size1,260 SF
Price / SF$206.35
Days on Market133
Property Features for 1200 E Woodhurst Dr
General Information
Standard status
Active
Size
1,260 SF
Listing Agency:
Jared Commercial
(417) 877-7900
Listed By:
David Havens · License #2015037234
(417) 350-4771
Source:
Moodyscre
Added: May 27
Changed: Oct 4
Last Checked: Oct 5 at 9:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jared Commercial
Investment Insights
Based on property information with market context.
Sharp office condo suite located in the Woodhurst Office Park. Suite T-100 is offered as a standalone option and consists of 1,260 square feet.
The property is described as having a well-maintained exterior and natural light. Parking is available for both employees and visitors, and the site provides convenient access to major roads.
Suites are also available separately or as a combined purchase, depending on the space requirements.
The property is described as having a well-maintained exterior and natural light. Parking is available for both employees and visitors, and the site provides convenient access to major roads.
Suites are also available separately or as a combined purchase, depending on the space requirements.
Key Highlights
- Two office suites in Woodhurst Office Park—can be purchased separately or combined
- Suite T‑100: 1,260 SF office suite offered at $260,000
- Suite T‑200: 2,205 SF office suite offered at $445,000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,984
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,680
$199.7K
Cap Rate 7%
$142,629
$142.6K
Cap Rate 9%
$110,933
$110.9K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$13.9K $11.04/SF
− Vacancy
−$598 −$0.47/SF
EGI
$13.3K $10.57/SF
− OpEx
−$3.3K −$2.64/SF
NOI
$10.0K $7.92/SF
Area
Springfield, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,680
Cap Rate 7%
$142,629
Cap Rate 9%
$110,933
Alternative Uses
Best Use
Office B
$142.6K
$124.8K – $166.4K
NOI $9,984 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$190.2K
$166.4K – $221.9K
NOI $13,312 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,903
Businesses Nearby
Explore this area
Business Placement
Demographics for 65804, MO
40,064
Population
20,118
Households
2
Avg Household Size
40
Median Age
42%
College-Educated
97%
High-School Grad
18.6 sq mi
ZIP Area
2,154
Density / Sq Mi
$58,288
Median Household Income
$40,103
Median Earnings
$898
Median Rent
$227,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Professional office suite with natural light in Woodhurst Office Park, offering ample employee and visitor parking.
Where is this office units located?
The property is located at 1200 E Woodhurst Dr Springfield, MO.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two office suites in Woodhurst Office Park—can be purchased separately or combined; Suite T‑100: 1,260 SF office suite offered at $260,000; Suite T‑200: 2,205 SF office suite offered at $445,000
