Retail Space with
For Sale
Contact for pricing
1445 S Glenstone Avenue, Springfield, MO 65804
A flexible interior combines customer-facing display areas with offices, storage, and rear delivery access.
Property Size5,000 SF
Price / SF$0.00
Days on Market134
Property Features for 1445 S Glenstone Avenue
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Site & Location
Neighborhood
Delaware
Amenities
dedicated display window
prominent roof signage
spacious main retail showroom
large secondary showroom or sales area
multiple private office options
kitchen/break area
restrooms
ample interior storage
rear alley access with delivery doors
Building Details
Year Built
1954
Listing Agency:
Keller Williams Local
(417) 883-4900
Listed By:
Adam Graddy · License #2004014961
(417) 501-5091
Source:
Onefiverealestate
Added: Jun 26
Changed: Nov 6
Last Checked: Nov 6 at 1:40AM
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 Keller Williams Local
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Investment Insights
Based on property information with market context.
This 5,000-square-foot retail space, built in 1954, features a primary showroom and a separate sales or display area. The floor plan also includes private office options, a kitchen and break area, three restrooms—two for public use and one for employees—and interior storage. A display window and roof signage provide storefront features, while delivery doors serve the rear alley access.
The space is part of a shopping center with other established businesses. Customer parking is located directly in front of the storefront. The combination of showroom areas, offices, storage, and rear delivery access supports a range of retail and service operations.
The space is part of a shopping center with other established businesses. Customer parking is located directly in front of the storefront. The combination of showroom areas, offices, storage, and rear delivery access supports a range of retail and service operations.
Key Highlights
- 5,000 square feet of retail space
- Main showroom plus a separate sales or display area
- Three restrooms: two public and one private employee restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,210
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,200
$744.2K
Cap Rate 7%
$531,571
$531.6K
Cap Rate 9%
$413,444
$413.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$55.2K $11.04/SF
− Vacancy
−$2.0K −$0.41/SF
EGI
$53.2K $10.63/SF
− OpEx
−$15.9K −$3.19/SF
NOI
$37.2K $7.44/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,200
Cap Rate 7%
$531,571
Cap Rate 9%
$413,444
Alternative Uses
Best Use
Retail
$531.6K
$465.1K – $620.2K
NOI $37,210 @ 7.0% cap · market cap 310,083.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$754.7K
$660.3K – $880.4K
NOI $52,826 @ 7.0% cap · market cap 440,216.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A flexible interior combines customer-facing display areas with offices, storage, and rear delivery access.
Where is this retail space located?
The property is located at 1445 S Glenstone Avenue Springfield, MO.
What are key features of this property?
This property features: 5,000 square feet of retail space; Main showroom plus a separate sales or display area; Three restrooms: two public and one private employee restroom
