Office Suite with Medical
1332 W Sunshine Street, Springfield, MO 65807
For Sale
$325,000
Commercial Sale, Springfield, MO
Property Size2,500 SF
Lot Size0.12 Acres
Price / SF$130
Days on Market366
Property Features for 1332 W Sunshine Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Listing Agency:
Reece Commercial
(417) 882-5710
Listed By:
Sam R. Craft · License #2019042641
(417) 955-1232
Added: Nov 7, 2025
Changed: Nov 7
Last Checked: Nov 7 at 2:06AM
MLS# 60309332
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property has several private offices and a reception area, with plumbing throughout for medical users. The building dates to 1958 and has central air conditioning and natural-gas forced-air heating. The parcel is 0.12 acres and carries GR zoning.
The property is on the Sunshine corridor, where the stated traffic count is 30,800 AADT.
The property is on the Sunshine corridor, where the stated traffic count is 30,800 AADT.
Key Highlights
- Plumbing throughout for medical users
- Several private offices plus a reception area
- 30,800 AADT on the Sunshine corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,810
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,200
$396.2K
Cap Rate 7%
$283,000
$283.0K
Cap Rate 9%
$220,111
$220.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$27.6K $11.04/SF
− Vacancy
−$1.2K −$0.47/SF
EGI
$26.4K $10.57/SF
− OpEx
−$6.6K −$2.64/SF
NOI
$19.8K $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%
$396,200
Cap Rate 7%
$283,000
Cap Rate 9%
$220,111
Alternative Uses
Best Use
Office B
$283.0K
$247.6K – $330.2K
NOI $19,810 @ 7.0% cap · market cap 6.10%
Second Best
Healthcare Medical
$283.0K
$247.6K – $330.2K
NOI $19,810 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$377.3K
$330.2K – $440.2K
NOI $26,413 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
30,800 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Springfield, MO
Properties on Market for Office Units in Springfield
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Multiple private rooms and plumbing throughout offer flexibility for office or medical use.
Where is this office unit located?
The property is located at 1332 W Sunshine Street Springfield, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Plumbing throughout for medical users; Several private offices plus a reception area; 30,800 AADT on the Sunshine corridor
