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Open-Plan Flex Space
For Sale
$175,000

1910 E Meadowmere St, Springfield, MO 65804

Flexible commercial layout with new carpet, private offices, storage, and a break area with sink.

Property Size2,500 SF
Price / SF$70
Days on Market118

Property Features for 1910 E Meadowmere St

General Information

Standard status Active
Size 2,500 SF
Property subtype Commercial

Amenities

break area with sink

Building Details

Year Built 1964
Listing Agency: Keller Williams Local
Listed By: James L Bolin klrw369@kw.com
Source: Trilakeshomesearch
Added: Jun 20 Changed: Oct 1 Last Checked: Oct 14 at 11:09PM

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

Investment Insights

Based on property information with market context.

This 2,500-square-foot flex property was built in 1964 and offers an open interior suitable for office, retail, or combined commercial use. The building includes an office, two bathrooms, two storage closets, and a break area equipped with a sink. New carpet has been installed throughout the space.

The property is located at 1910 E Meadowmere St in Springfield, Missouri, within the Glenstone corridor and just off Glenstone. Other established properties surround the site, providing a commercial setting for a flexible business layout.

Key Highlights

  • 2,500 SF open‑plan flex building
  • Office, retail, or combined‑use layout
  • New carpet throughout the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,018
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,360 $160.4K
Cap Rate 7%
$114,543 $114.5K
Cap Rate 9%
$89,089 $89.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$11.7K $4.68/SF
− Vacancy
−$246 −$0.10/SF
EGI
$11.5K $4.58/SF
− OpEx
−$3.4K −$1.37/SF
NOI
$8.0K $3.21/SF
Area
Springfield, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,360
Cap Rate 7%
$114,543
Cap Rate 9%
$89,089

Alternative Uses

Best Use
Office B
$283.0K
$247.6K – $330.2K (±1% cap)
NOI $19,810 @ 7.0% cap · market cap 11.32%
Second Best
Retail
$265.8K
$232.6K – $310.1K (±1% cap)
NOI $18,605 @ 7.0% cap · market cap 10.63%
Theoretical Best
Office A
$377.3K
$330.2K – $440.2K (±1% cap)
NOI $26,413 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Child Care Resource ... Social Service Agency Ozarks arcade Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store Plumbing Service Building Supply Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Blooms Catering & Rental Llc — 1731 S Enterprise Ave, Springfield, MO 65804
  • Coyote's Catering Crew — 1742 S Glenstone Ave, Springfield, MO 65804
  • Dining by Design Catering & Events - KR — 1951 E Meadowmere St, Springfield, MO 65804

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial layout with new carpet, private offices, storage, and a break area with sink.
Where is this flex space located?
The property is located at 1910 E Meadowmere St Springfield, MO.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,500 SF open‑plan flex building; Office, retail, or combined‑use layout; New carpet throughout the building
More about this property
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