Office Condo Suite in Office
For Sale
Contact for pricing
1200 E Woodhurst Dr, Springfield, MO 65804
Well-maintained office suite with natural light, ample parking, and convenient access to major roads.
Property Size2,205 SF
Price / SF$201.81
Days on Market133
Property Features for 1200 E Woodhurst Dr
General Information
Standard status
Active
Size
2,205 SF
Property subtype
OFFICE
Additional Details
Office Units
2
Listing Agency:
Jared Commercial
(417) 877-7900
Listed By:
David Havens · License #2015037234
(417) 350-4771
Source:
Moodyscre
Added: May 27
Changed: Sep 7
Last Checked: Oct 5 at 9:19PM
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 in the Woodhurst Office Park, configured as two office suites that can be purchased separately or combined. The available suite described here is Suite T-200, with a professional office layout and 2,205 square feet. Suite T-100 is also available separately if you’re looking for a smaller footprint.
The property includes ample parking for employees and visitors and offers convenient access to major roads, supporting day-to-day client and staff visits. The exterior is maintained and the interior benefits from natural light, creating a functional work environment.
Whether you’re buying one suite or combining suites, this is a straightforward option for an owner-occupied office or an investment office hold in a maintained office park setting.
The property includes ample parking for employees and visitors and offers convenient access to major roads, supporting day-to-day client and staff visits. The exterior is maintained and the interior benefits from natural light, creating a functional work environment.
Whether you’re buying one suite or combining suites, this is a straightforward option for an owner-occupied office or an investment office hold in a maintained office park setting.
Key Highlights
- Two office suites in Woodhurst Office Park—can be purchased separately or combined
- Suite T‑100: 1,260 SF office suite listed at $260,000
- Suite T‑200: 2,205 SF office suite listed at $445,000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,472
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,440
$349.4K
Cap Rate 7%
$249,600
$249.6K
Cap Rate 9%
$194,133
$194.1K
Market Conditions
NOI Build-Up for 2,205 SF
Gross rent
$24.3K $11.04/SF
− Vacancy
−$1.0K −$0.47/SF
EGI
$23.3K $10.57/SF
− OpEx
−$5.8K −$2.64/SF
NOI
$17.5K $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%
$349,440
Cap Rate 7%
$249,600
Cap Rate 9%
$194,133
Alternative Uses
Best Use
Office B
$249.6K
$218.4K – $291.2K
NOI $17,472 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$332.8K
$291.2K – $388.3K
NOI $23,296 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
1,903
Businesses Nearby
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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 - Well-maintained office suite with natural light, ample parking, and convenient access to major roads.
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 $445,000.
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 listed at $260,000; Suite T‑200: 2,205 SF office suite listed at $445,000
