Turnkey 12-Bay Auto Repair
For Sale
Contact for pricing
2140 W SUNSET ST, Springfield, MO 65807
Turnkey auto repair property with 12 bays, office/reception space, and ample on-site parking for daily operations.
Property Size6,554 SF
Lot Size1.05 Acres
Price / SF$183.09
Days on Market53
Property Features for 2140 W SUNSET ST
General Information
Standard status
Active
Size
6,554 SF
Total Parking Spaces
20
Lot size
1.05 Acres
Property subtype
Business for Sale, Special Purpose, Retail
Additional Details
Business Included
Yes
Service Bays
12
Office Units
1,086
Building Details
Year Built
2000
Tenancy
Single
Listing Agency:
AMAX Real Estate
Listed By:
Lina Robertson · License #MO 2000172379
Source:
Crexi
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 5 at 8:43AM
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 AMAX Real Estate
Investment Insights
Based on property information with market context.
This well-maintained, purpose-built auto repair facility includes a 6,554 SF building with 12 service bays and a mix of office and shop space. The property was built in 2000 and provides approximately 1,086 SF of office/reception area alongside 5,468 SF of functional shop space designed for efficient day-to-day service work. The sale includes furniture and equipment, supporting a seamless transition for new ownership.
The property sits on 1.05 acres within the Battlefield Business Center, near Classic Rock Coffee. On-site parking for 20+ vehicles supports customer and staff access. Adding flexibility for operations, the building is served by two separate addresses and separately metered utilities, which can be useful for future expansion, multi-tenant use, or reconfiguration.
For owner-operators, the combination of established shop infrastructure, dedicated service bays, and ready-to-run improvements can fit a hands-on automotive service model. For investors or automotive groups, the separately metered setup and included furniture and equipment provide a practical basis for continued operations while evaluating how best to use the property going forward.
The property sits on 1.05 acres within the Battlefield Business Center, near Classic Rock Coffee. On-site parking for 20+ vehicles supports customer and staff access. Adding flexibility for operations, the building is served by two separate addresses and separately metered utilities, which can be useful for future expansion, multi-tenant use, or reconfiguration.
For owner-operators, the combination of established shop infrastructure, dedicated service bays, and ready-to-run improvements can fit a hands-on automotive service model. For investors or automotive groups, the separately metered setup and included furniture and equipment provide a practical basis for continued operations while evaluating how best to use the property going forward.
Key Highlights
- 1.05‑acre auto repair property with a 6,554 SF building built in 2000
- 12 repair bays plus 5,468 SF shop space designed for day‑to‑day operations
- Includes 1,086 SF of office/reception space for customer intake and admin
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,775
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$975,500
$975.5K
Cap Rate 7%
$696,786
$696.8K
Cap Rate 9%
$541,944
$541.9K
Market Conditions
NOI Build-Up for 6,554 SF
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.
Gross rent
$72.4K $11.04/SF
− Vacancy
−$2.7K −$0.41/SF
EGI
$69.7K $10.63/SF
− OpEx
−$20.9K −$3.19/SF
NOI
$48.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$975,500
Cap Rate 7%
$696,786
Cap Rate 9%
$541,944
Alternative Uses
Best Use
Retail
$696.8K
$609.7K – $812.9K
NOI $48,775 @ 7.0% cap · market cap 4.06%
Second Best
Industrial
$300.3K
$262.8K – $350.3K
NOI $21,020 @ 7.0% cap · market cap 1.75%
Theoretical Best
Office A
$989.2K
$865.6K – $1.15M
NOI $69,245 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12
Service bays
1086
Office units
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Fajardo's Auto Repair — 3101 S Scenic Ave # F, Springfield, MO 65807
- Reno's Automotive — 3101 S Scenic Ave ste a, Springfield, MO 65807
- Green Power Sports — 3135 S Scenic Ave Suite D, Springfield, MO 65807
- Apex Automotive — 3135 S Scenic Ave Suite D, Springfield, MO 65807
- Carlisle Belts — 2601 W Battlefield Rd, Springfield, MO 65807
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto repair property with 12 bays, office/reception space, and ample on-site parking for daily operations.
Where is this auto shop located?
The property is located at 2140 W SUNSET ST Springfield, MO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.05‑acre auto repair property with a 6,554 SF building built in 2000; 12 repair bays plus 5,468 SF shop space designed for day‑to‑day operations; Includes 1,086 SF of office/reception space for customer intake and admin
