Mixed-Use Property with Office
For Sale
$325,000
1332 W Sunshine Street, Springfield, MO 65807
Private offices, reception space, and plumbing throughout accommodate office use and medical users.
Property Size2,500 SF
Price / SF$130
Days on Market361
Property Features for 1332 W Sunshine Street
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Office
Site & Location
Neighborhood
Mark Twain
Traffic Count
30,800 vehicles/day
Additional Details
Property Use
Office
Building Details
Year Built
1958
Listing Agency:
Reece Commercial - Springfield
(417) 882-5710
Listed By:
Sam R. Craft · License #2019042641
(417) 955-1232
Source:
Onefiverealestate
Added: Nov 7, 2025
Changed: Oct 29
Last Checked: Oct 29 at 2:35PM
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 Reece Commercial - Springfield
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Investment Insights
Based on property information with market context.
This 2,500-square-foot office and retail space has an existing layout with multiple private offices and a reception area. Plumbing runs throughout the space, supporting medical use. The property was built in 1958.
The site fronts the Sunshine corridor in Springfield, where reported traffic is 30,800 AADT. The 2024 average household income within one mile is $68,540.
The site fronts the Sunshine corridor in Springfield, where reported traffic is 30,800 AADT. The 2024 average household income within one mile is $68,540.
Key Highlights
- 2,500 square feet of office and retail space
- Existing configuration includes private offices and a reception area
- Plumbing throughout supports medical users
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
Mixed Use
$267.2K
$233.8K – $311.7K
NOI $18,703 @ 7.0% cap · market cap 5.75%
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.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Private offices, reception space, and plumbing throughout accommodate office use and medical users.
Where is this mixed-use property 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: 2,500 square feet of office and retail space; Existing configuration includes private offices and a reception area; Plumbing throughout supports medical users
