Four-Office
For Sale
Contact for pricing
1350 E Kingsley Street # A101, Springfield, MO 65804
A finished office layout pairs private workrooms with reception space, a breakroom, and restroom facilities.
Property Size1,278 SF
Price / SF$1.64
Days on Market85
Property Features for 1350 E Kingsley Street # A101
General Information
Standard status
Active
Size
1,278 SF
Property subtype
Office
Site & Location
Neighborhood
Bradford Park
Additional Details
Property Use
Executive Office Space
Building Details
Year Built
1998
Listing Agency:
EXP Realty LLC
(866) 224-1761
Listed By:
August Newberry · License #2023001924
(417) 298-1765
Source:
Onefiverealestate
Added: Aug 10
Changed: Nov 1
Last Checked: Nov 1 at 1:45AM
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 EXP Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,278-square-foot office unit contains four private offices, an entry and reception area, and a large breakroom. Restroom facilities include one full bathroom with a shower and one half bathroom. The suite was built in 1998 and has a professional finish.
Numerous off-site parking spaces are available. Grounds maintenance and trash service are included.
Numerous off-site parking spaces are available. Grounds maintenance and trash service are included.
Key Highlights
- 1,278 square feet with four private offices
- Reception area and large breakroom
- One full bathroom with shower, plus a half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,127
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,540
$202.5K
Cap Rate 7%
$144,671
$144.7K
Cap Rate 9%
$112,522
$112.5K
Market Conditions
NOI Build-Up for 1,278 SF
Gross rent
$14.1K $11.04/SF
− Vacancy
−$607 −$0.47/SF
EGI
$13.5K $10.57/SF
− OpEx
−$3.4K −$2.64/SF
NOI
$10.1K $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%
$202,540
Cap Rate 7%
$144,671
Cap Rate 9%
$112,522
Alternative Uses
Best Use
Office B
$144.7K
$126.6K – $168.8K
NOI $10,127 @ 7.0% cap · market cap 482.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$192.9K
$168.8K – $225.0K
NOI $13,502 @ 7.0% cap · market cap 642.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 65804, MO
40,064
Population
20,118
Households
2
Avg Household Size
40
Median Age
42%
College-Educated
97%
High-School Grad
18.6 sq mi
ZIP Area
2,154
Density / Sq Mi
$58,288
Median Household Income
$40,103
Median Earnings
$898
Median Rent
$227,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A finished office layout pairs private workrooms with reception space, a breakroom, and restroom facilities.
Where is this office unit located?
The property is located at 1350 E Kingsley Street # A101 Springfield, MO.
What are key features of this property?
This property features: 1,278 square feet with four private offices; Reception area and large breakroom; One full bathroom with shower, plus a half bathroom
