Flex Industrial Property with Loading
1920 E Trafficway St., Springfield, MO 65802
For Sale
New
Contact for pricing
Two buildings combine office, showroom, conference, and warehouse areas with dock and drive-in loading.
Property Size26,344 SF
Lot Size5.50 Acres
Price / SF$83.51
Days on Market6
Property Features for 1920 E Trafficway St.
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Building Details
Buildings
Listing Agency:
SVN | Rankin Company, LLC
Listed By:
Jeff Childs SIOR CCIM · License MO #1999029641
(417) 860-5447
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 4:39PM
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 SVN | Rankin Company, LLC
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Investment Insights
Based on property information with market context.
This flex industrial property comprises two buildings totaling approximately 26,344 SF, with the area subject to buyer verification. The main building brings together private offices, a showroom, conference space, and warehouse area served by a loading dock. A second warehouse building has drive-in doors. The property occupies 5.5 acres in Springfield, Missouri, along E. Trafficway Street, between Chestnut Expressway and Glenstone Avenue.
Key Highlights
- Two buildings total approximately 26,344 SF; buyer to verify area
- Property occupies 5.5 acres
- Main building includes private offices, showroom, conference space, and warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,596
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,051,920
$2.1M
Cap Rate 7%
$1,465,657
$1.5M
Cap Rate 9%
$1,139,956
$1.1M
Market Conditions
NOI Build-Up for 26,344 SF
Gross rent
$123.3K $4.68/SF
− Vacancy
−$2.6K −$0.10/SF
EGI
$120.7K $4.58/SF
− OpEx
−$18.1K −$0.69/SF
NOI
$102.6K $3.89/SF
Area
Springfield, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,051,920
Cap Rate 7%
$1,465,657
Cap Rate 9%
$1,139,956
Alternative Uses
Best Use
Warehouse
$1.47M
$1.28M – $1.71M
NOI $102,596 @ 7.0% cap · market cap 4.66%
Second Best
Industrial
$1.21M
$1.06M – $1.41M
NOI $84,491 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$3.98M
$3.48M – $4.64M
NOI $278,332 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 65802, MO
48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
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Market
Properties on Market for Flex space in Springfield
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Two buildings combine office, showroom, conference, and warehouse areas with dock and drive-in loading.
Where is this flex space located?
The property is located at 1920 E Trafficway St. Springfield, MO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two buildings total approximately 26,344 SF; buyer to verify area; Property occupies 5.5 acres; Main building includes private offices, showroom, conference space, and warehouse area
