Office Units with Medical
For Sale
$325,000
1332 W Sunshine Street, Springfield, MO 65807
Commercial Sale, Springfield, MO
Property Size2,500 SF
Lot Size0.12 Acres
Price / SF$130
Days on Market352
Property Features for 1332 W Sunshine Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
GR
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Directions
N on Campbell. W on Sunshine. Property on Left.
Standard status
Active
APN
1335208034
Lot size
0.12 Acres
Additional Details
Property Use
Office
Condition
Built-Out
Taxes and HOA fees
Tax Year
2024
Tax Description
WESTWOOD ACRES REPLAT BLK A W 20 FT E 40 FT LOT 3 BLK A
Tax Annual Amount
2964
Legal Description
WESTWOOD ACRES REPLAT BLK A W 20 FT E 40 FT LOT 3 BLK A
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Electric
Building Details
Year built
1958
Listing Agency:
Reece Commercial - Springfield
(417) 882-5710
Listed By:
Sam R. Craft
(417) 955-1232
Added: Nov 7, 2025
Changed: Oct 25
Last Checked: Oct 25 at 2:06PM
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.
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Investment Insights
Based on property information with market context.
This office property offers 2,500+/- square feet of built-out space arranged with several private offices and a reception area. Plumbing extends throughout the premises, supporting medical-oriented occupancy, while the existing layout also accommodates office and retail functions. The building dates to 1958 and is equipped with forced-air, natural-gas heating and central-air, electric cooling.
Positioned along W Sunshine Street in Springfield, the property benefits from corridor exposure and documented traffic of 30,800 AADT. The site contains 0.12 acres and carries GR zoning. A single bathroom is identified in the property information.
Positioned along W Sunshine Street in Springfield, the property benefits from corridor exposure and documented traffic of 30,800 AADT. The site contains 0.12 acres and carries GR zoning. A single bathroom is identified in the property information.
Key Highlights
- 2,500+/- square feet of office and retail space
- Existing layout includes several private offices and reception
- Plumbing throughout supports medical‑oriented use
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.
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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
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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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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Built-out office space includes private rooms, reception, and plumbing configured for 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: 2,500+/- square feet of office and retail space; Existing layout includes several private offices and reception; Plumbing throughout supports medical‑oriented use
