Retail Space with
2122 S Glenstone Avenue, Springfield, MO 65804
For Sale
$876,500
Commercial Sale, Springfield, MO
Property Size8,364 SF
Lot Size0.48 Acres
Price / SF$104.79
Days on Market203
Property Features for 2122 S Glenstone Avenue
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Amenities
fireplace sitting area
kitchen area
bathroom
storage
workshop
bay door
Building Details
Year built
Roof type
Buildings
Listing Agency:
Keller Williams Local · Keller Williams Realty
(417) 883-4900
Listed By:
Adam Graddy · License MO #2004014961
(417) 501-5091
Added: Apr 21
Changed: Nov 8
Last Checked: Nov 9 at 11:06PM
MLS# 60321429
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.
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Investment Insights
Based on property information with market context.
This retail property at 2122 S Glenstone Avenue includes an open main-level layout with showroom space, a kitchen, and a bathroom. The lower level adds storage, workspace, and a second bathroom, while a dedicated workshop and bay door support receiving, equipment movement, or inventory handling. A fireplace seating area provides a distinct interior feature. The building was constructed in 1985 and includes central air, electric cooling, natural gas and forced-air heating, a composition roof, and water availability. The 0.48-acre site provides parking at both the front and rear of the building.
The property is located along Glenstone Avenue in Springfield, adjacent to a Maverik gas station and near Red Lobster and The Carpet Shoppe. It is zoned INC and positioned among established retail and dining businesses.
The property is located along Glenstone Avenue in Springfield, adjacent to a Maverik gas station and near Red Lobster and The Carpet Shoppe. It is zoned INC and positioned among established retail and dining businesses.
Key Highlights
- Approximately 0.48‑acre retail property at 2122 S Glenstone Avenue, Springfield, MO 65804
- Open main‑level showroom layout with kitchen, bathroom, and fireplace seating area
- Basement includes storage, additional workspace, and a second bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,245
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,244,900
$1.2M
Cap Rate 7%
$889,214
$889.2K
Cap Rate 9%
$691,611
$691.6K
Market Conditions
NOI Build-Up for 8,364 SF
Gross rent
$92.3K $11.04/SF
− Vacancy
−$3.4K −$0.41/SF
EGI
$88.9K $10.63/SF
− OpEx
−$26.7K −$3.19/SF
NOI
$62.2K $7.44/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,244,900
Cap Rate 7%
$889,214
Cap Rate 9%
$691,611
Alternative Uses
Best Use
Retail
$889.2K
$778.1K – $1.04M
NOI $62,245 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,368 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,760
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
$227,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Springfield, MO
Properties on Market for Retail space in Springfield
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Open-layout commercial building with front and rear parking, workshop space, and a bay door for delivery access.
Where is this retail space located?
The property is located at 2122 S Glenstone Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $876,500.
What are key features of this property?
This property features: Approximately 0.48‑acre retail property at 2122 S Glenstone Avenue, Springfield, MO 65804; Open main‑level showroom layout with kitchen, bathroom, and fireplace seating area; Basement includes storage, additional workspace, and a second bathroom
