Professional Office
For Sale
Contact for pricing
1901 E Bennett Street #H, Springfield, MO 65804
The multi-room layout includes reception, conference, and break areas.
Property Size2,850 SF
Price / SF$0.85
Days on Market129
Property Features for 1901 E Bennett Street #H
General Information
Standard status
Active
Size
2,850 SF
Property subtype
Office
Site & Location
Neighborhood
Oak Grove
Additional Details
Property Use
Office
Amenities
conference/training room
reception area
break room
Building Details
Year Built
1971
Listing Agency:
Diversity Comm. Investments
(417) 866-5592
Listed By:
Holly A Rogers · License #1999143967
(417) 693-3653
Source:
Onefiverealestate
Added: Jun 27
Changed: Nov 1
Last Checked: Nov 1 at 1:48AM
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 Diversity Comm. Investments
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Investment Insights
Based on property information with market context.
This 2,850 SF office suite in Walker Plaza has been updated and offers several private offices, a reception area, and a break room. A large conference and training room complements the workspaces, while the overall layout is suited to professional office use. The building dates to 1971.
The property is just off South Glenstone Avenue and East Bennett Street in Springfield. On-site parking serves employees and visitors.
The property is just off South Glenstone Avenue and East Bennett Street in Springfield. On-site parking serves employees and visitors.
Key Highlights
- 2,850 SF office suite
- Updated interior with multiple private offices
- Large conference and training room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,583
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,660
$451.7K
Cap Rate 7%
$322,614
$322.6K
Cap Rate 9%
$250,922
$250.9K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$31.5K $11.04/SF
− Vacancy
−$1.4K −$0.47/SF
EGI
$30.1K $10.57/SF
− OpEx
−$7.5K −$2.64/SF
NOI
$22.6K $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%
$451,660
Cap Rate 7%
$322,614
Cap Rate 9%
$250,922
Alternative Uses
Best Use
Office B
$322.6K
$282.3K – $376.4K
NOI $22,583 @ 7.0% cap · market cap 927.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$430.2K
$376.4K – $501.9K
NOI $30,111 @ 7.0% cap · market cap 1,237.10%
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
1,308
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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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The multi-room layout includes reception, conference, and break areas.
Where is this office unit located?
The property is located at 1901 E Bennett Street #H Springfield, MO.
What are key features of this property?
This property features: 2,850 SF office suite; Updated interior with multiple private offices; Large conference and training room
