Service Flex
1411 W Phelps St Springfield, MO 65802
For Sale
Contact for pricing
Built-out 7,500 sf service-oriented flex building with office reception, warehouse rollup doors, and a fenced gravel lot.
Property Size7,500 SF
Price / SF$86.67
Days on Market78
Property Features for 1411 W Phelps St
General Information
Standard status
Active
Size
7,500 SF
Property subtype
INDUSTRIAL
Listing Agency:
SVN | Rankin Company, LLC
(417) 773-9022
Listed By:
Arch Watson · License #2009010579
(417) 773-9022
Source:
Moodyscre
Added: May 13
Changed: Jul 27
Last Checked: Jul 29 at 12:36PM
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 SVN | Rankin Company, LLC
Investment Insights
Based on property information with market context.
This 7,500 sf service flex building is built-out for a service-oriented business, combining office and warehouse operations in one facility. The office area includes a reception area, four offices, and a conference area. The service department features a counter with built-in storage shelving, a secure bullpen for tools, a break room, and a large storage room. The warehouse is supported by steel racking with a crane, and includes two 14' electric rollup doors, gas furnaces, and spray foam insulation. Lighting is provided by LED motion sensor fixtures, and the building has an alarm system with HVAC monitoring and three restrooms.
An on-site fenced gravel lot measuring 40' x 75' is located on the east side of the property. A monument sign fronts Phelps.
For tenants and buyers seeking a functional layout that supports front-office and service/warehouse activity, this property offers dedicated reception and conference space alongside a secured tool bullpen and a racked warehouse with rollup access.
An on-site fenced gravel lot measuring 40' x 75' is located on the east side of the property. A monument sign fronts Phelps.
For tenants and buyers seeking a functional layout that supports front-office and service/warehouse activity, this property offers dedicated reception and conference space alongside a secured tool bullpen and a racked warehouse with rollup access.
Key Highlights
- 7,500 SF service‑oriented building with office, service, and warehouse areas
- Office includes reception area, 4 offices, and a conference area
- Service department has a counter with built‑in storage, secure tool bullpen, break room, and large storage room
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.8k | $11.04 |
| − Vacancy | −$3.6k | −$0.47 |
| EGI | $79.2k | $10.57 |
| − OpEx | −$19.8k | −$2.64 |
| NOI | $59.4k | $7.92 |
7,500 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$849.0K
$742.9K – $990.5K
NOI $59,430 @ 7.0% cap · market cap 9.14%
Second Best
Warehouse
$417.3K
$365.1K – $486.8K
NOI $29,208 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$1.13M
$990.5K – $1.32M
NOI $79,240 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Built-out 7,500 sf service-oriented flex building with office reception, warehouse rollup doors, and a fenced gravel lot.
Where is this flex space located?
The property is located at 1411 W Phelps St Springfield, MO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 7,500 SF service‑oriented building with office, service, and warehouse areas; Office includes reception area, 4 offices, and a conference area; Service department has a counter with built‑in storage, secure tool bullpen, break room, and large storage room
