1640 E Florida Street Springfield, MO 65803
COMMERCIAL - Springfield, MO
Property Features for 1640 E Florida Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GM
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 1207415015
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- N1/2 OF BEG N LINE COMMERCIAL STREET WHERE IT INTC E LINE OF SCHOFIELD TR W 79FTN 315 FT TO FLORIDA ST E 79 FT M/L TO E LINE SCHOFIELD TR S 315 FT TO BEG
- Tax Annual Amount
- 2195
Utilities
- Utilities
- Water Available
- Heating system
- Natural Gas
Building Details
- Year built
- 1963
- Roof type
- Composition, Metal
Listing agent Brooke Y. Oberbeck (417) 840-6587
Listing office Complete Realty Sales & Mgmt PO Box 231 103 S Clay St, Marshfield, MO (417) 543-3456
Listing date Jul 10, 2025
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.
Investment Insights
Based on property information with market context.
The property sits on a 0.29-acre lot and is described as offering visibility and access for commercial activity. Zoning is listed as GM.
If you’re looking for a configuration that allows for separate front and back space under one ownership, this offering may fit a variety of business plans.
Key Highlights
- Two commercial buildings with over 5,000 sq ft of combined space
- Front building suited for retail, office, or customer‑facing services
- Back shop offers room for storage, manufacturing, or expansion
Local Financial Insights For Industrial
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 | $23.4k | $4.68 |
| − Vacancy | −$491 | −$0.10 |
| EGI | $22.9k | $4.58 |
| − OpEx | −$6.9k | −$1.37 |
| NOI | $16.0k | $3.21 |
Alternative Uses
Property Analytics
Current Use by Public Records
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