Industrial Warehouse with
For Sale
$1,500,000
1325 E Trafficway Street, Springfield, MO 65802
COMMERCIAL - Springfield, MO
Property Size15,326 SF
Lot Size0.61 Acres
Price / SF$97.87
Days on Market302
Property Features for 1325 E Trafficway Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Light Industria
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Subdivision
Reyco
Lot features
Sidewalk(s), Level
Directions
1325 E Trafficway St. Springfield MO
Standard status
Active
APN
881218315017
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
REYCO SUB LOT 1
Tax Annual Amount
8724
Legal Description
REYCO SUB LOT 1
Utilities
Utilities
Water Available
Heating system
Natural Gas, Forced Air
Cooling system
Electric, Central Air
Building Details
Year built
1954
Roof type
Rubber
Listing Agency:
EXP Realty LLC
(866) 224-1761
Listed By:
Karen Trimble · License #1999120810
(417) 840-6265
Added: Nov 3, 2025
Changed: Aug 18
Last Checked: Sep 1 at 12:06PM
MLS# 60308968
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 15,326-square-foot industrial warehouse sits on 0.61 acres and includes one grade-level roll-up door, one dock-high roll-up door, and a dock with overhead access. The building has painted concrete floors designed for heavy loads, three-phase electric service, four 5-ton natural-gas HVAC units, two bathrooms, ground-level double doors, four glass-front entry doors, and an attractive finished storefront. A rubber roof was replaced in 2021 with 2 1/2-inch foam insulation roof boards. The property also includes 17–18 parking spaces, updated plumbing, a reconditioned sprinkler system, a monitored fire panel, a central alarm, and 23 cameras.
The facility is in Springfield, Missouri, near National and Trafficway Street and close to Chestnut Expressway, with access to I-65 and I-44. The current occupant/seller has used the building since 2003. Zoning is identified as Light Industria.
The facility is in Springfield, Missouri, near National and Trafficway Street and close to Chestnut Expressway, with access to I-65 and I-44. The current occupant/seller has used the building since 2003. Zoning is identified as Light Industria.
Key Highlights
- 15,326 SF industrial warehouse on 0.61 acres
- One grade‑level roll‑up door and one dock‑high roll‑up door
- Three‑phase electric service with four 5‑ton natural‑gas HVAC units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,687
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,193,740
$1.2M
Cap Rate 7%
$852,671
$852.7K
Cap Rate 9%
$663,189
$663.2K
Market Conditions
NOI Build-Up for 15,326 SF
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.
Gross rent
$71.7K $4.68/SF
− Vacancy
−$1.5K −$0.10/SF
EGI
$70.2K $4.58/SF
− OpEx
−$10.5K −$0.69/SF
NOI
$59.7K $3.89/SF
Area
Springfield, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,193,740
Cap Rate 7%
$852,671
Cap Rate 9%
$663,189
Alternative Uses
Best Use
Warehouse
$852.7K
$746.1K – $994.8K
NOI $59,687 @ 7.0% cap · market cap 3.98%
Second Best
Industrial
$702.2K
$614.4K – $819.2K
NOI $49,154 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M
NOI $161,923 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 65802, MO
48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Central Self Storage of Springfield — 1324 E St Louis St, Springfield, MO 65802
- Storage Climate Controlled — 1240 E Trafficway St, Springfield, MO 65802
Frequently Asked Questions
What type of property is this?
Warehouse - Updated warehouse space offers three-phase power, monitored security, and convenient connections to I-65 and I-44.
Where is this warehouse located?
The property is located at 1325 E Trafficway Street Springfield, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 15,326 SF industrial warehouse on 0.61 acres; One grade‑level roll‑up door and one dock‑high roll‑up door; Three‑phase electric service with four 5‑ton natural‑gas HVAC units
