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Turnkey Office Suite with Reception

1531 E Bradford Parkway Unit 330 Springfield, MO 65804

1531 E Bradford Parkway Unit 330, Springfield, MO, 65804
$349,900
For Sale
$349,900

Third-floor office suite includes a reception area and six private offices in an ADA-compliant office condominium building.

Property Size1,573 SF
Price / SF$222.44
Days on Market344

Property Features for 1531 E Bradford Parkway Unit 330

General Information

Standard status
Active
Size
1,573 SF
Property subtype
Office

Building Details

Year Built
2002
Listing agency Primrose
Listed by Murney Associates
Source Xome
Added: Aug 12, 2025 Updated: Jul 21 at 2:04PM Checked: Jul 21 at 2:04PM

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 Primrose


Investment Insights

Based on property information with market context.

Unit 330 at Bradford Place Office Condominiums is a well-appointed, turnkey office suite offered for sale. At approximately 1,573 sq. ft. on the third floor, the layout includes a spacious reception area and six private offices. The suite is move-in ready, with furniture included.

The building is described as ADA-compliant and Class A, and it is part of a professionally managed office condominium setting. Convenient access is highlighted to the James River Freeway, with proximity to Springfield’s Medical Mile and major office districts.

For day-to-day operations, the interior configuration supports both customer-facing and private work areas within a single, cohesive suite.

Key Highlights

  • Approximately 1,573 sq. ft. third‑floor office suite in Bradford Place Office Condominiums
  • Includes a reception area plus six private offices
  • ADA‑compliant, Class A office condominium building

Local 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 $17.4k $11.04
− Vacancy −$747 −$0.47
EGI $16.6k $10.57
− OpEx −$4.2k −$2.64
NOI $12.5k $7.92
1,573 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$178.1K
$155.8K – $207.7K (±1% cap)
NOI $12,464 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$237.4K
$207.7K – $277.0K (±1% cap)
NOI $16,619 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Alitin, Inc (Bike/Boat/Book/etc) Store Ginger Holczer, PsyD Physician Creative Renewal & Resolutions Physician Simplicity Insurance Agency, ... Insurance Agency Dr. Larry W. ... Physician

Suggested Use

Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service Storage Facility Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Third-floor office suite includes a reception area and six private offices in an ADA-compliant office condominium building.
Where is this office units located?
The property is located at 1531 E Bradford Parkway Unit 330 Springfield, MO.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Approximately 1,573 sq. ft. third‑floor office suite in Bradford Place Office Condominiums; Includes a reception area plus six private offices; ADA‑compliant, Class A office condominium building
Contact an agent
More about this property
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