Freestanding Retail Building with
1212 S Glenstone Ave Springfield, MO 65804
For Sale
Contact for pricing
Freestanding retail building includes showroom, private offices, and a warehouse/storage area with drive-through bay-door access.
Property Size3,303 SF
Price / SF$178.63
Days on Market1086
Property Features for 1212 S Glenstone Ave
General Information
Standard status
Active
Size
3,303 SF
Property subtype
RETAIL
Listing Agency:
SVN | Rankin Company, LLC
(417) 860-9951
Listed By:
Jack Rankin · License #2018038830
(417) 860-9951
Source:
Moodyscre
Added: Aug 10, 2023
Changed: Jul 29
Last Checked: Jul 29 at 2:33PM
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 SVN | Rankin Company, LLC
Investment Insights
Based on property information with market context.
This freestanding retail building offers a wide open main floor plan designed around a large showroom, plus four private offices and a restroom. Additional on-site storage/warehouse space is approximately 600 SF, with drive-through bay door access provided from both the north and south sides of the property.
The property is located at 1212 S Glenstone Ave in Springfield, MO, near the intersection of South Glenstone and East Meadowmere.
For a buyer or tenant seeking a retail setup with dedicated office space and convenient drive-through warehouse/storage access, this configuration supports a range of day-to-day operations requiring both customer-facing space and back-of-house utility.
The property is located at 1212 S Glenstone Ave in Springfield, MO, near the intersection of South Glenstone and East Meadowmere.
For a buyer or tenant seeking a retail setup with dedicated office space and convenient drive-through warehouse/storage access, this configuration supports a range of day-to-day operations requiring both customer-facing space and back-of-house utility.
Key Highlights
- 3,303 SF freestanding retail building with large showroom
- Wide open floor plan with four private offices
- Restroom on site
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.5k | $11.04 |
| − Vacancy | −$1.3k | −$0.41 |
| EGI | $35.1k | $10.63 |
| − OpEx | −$10.5k | −$3.19 |
| NOI | $24.6k | $7.44 |
3,303 SF · lease $11.04/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$351.2K
$307.3K – $409.7K
NOI $24,581 @ 7.0% cap · market cap 4.17%
Second Best
Warehouse
$183.8K
$160.8K – $214.4K
NOI $12,863 @ 7.0% cap · market cap 2.18%
Theoretical Best
Office A
$498.5K
$436.2K – $581.6K
NOI $34,897 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building includes showroom, private offices, and a warehouse/storage area with drive-through bay-door access.
Where is this retail space located?
The property is located at 1212 S Glenstone Ave Springfield, MO.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 3,303 SF freestanding retail building with large showroom; Wide open floor plan with four private offices; Restroom on site
