12-Bay Auto
For Sale
$1,200,000
2140 W Sunset Street, Springfield, MO 65807
COMMERCIAL - Springfield, MO
Property Size6,554 SF
Lot Size1.05 Acres
Price / SF$183.09
Days on Market82
Property Features for 2140 W Sunset Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INC
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Lot features
Level
Directions
From Battlefield and Kansas Expressway, north on Kansas Expressway to Sunset, west to property on the left.
Standard status
Active
APN
1803101131
Lot size
1.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Battlefield Business Center No. 4 Lot 2
Tax Annual Amount
6957
Legal Description
Battlefield Business Center No. 4 Lot 2
Utilities
Utilities
Water Available
Heating system
Forced Air
Cooling system
Central Air
Amenities
separate addresses
separately metered utilities
Building Details
Year built
2000
Roof type
Flat
Listing Agency:
AMAX Real Estate
(417) 855-2333
Listed By:
Lina Robertson · License #2000172379
(417) 844-7265
Added: Jun 3
Changed: Aug 18
Last Checked: Aug 23 at 2:06PM
MLS# 60325374
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.
Investment Insights
Based on property information with market context.
The property includes a 6,554 SF automotive building on 1.05 acres, constructed in 2000 with 12 service bays. Interior space comprises 1,086 SF of office and reception areas alongside 5,468 SF of shop space. Furniture and equipment are included, and the building has two bathrooms, a flat roof, forced-air heating, and central air conditioning.
The site is located at 2140 W Sunset Street in Springfield, within the Battlefield Business Center and near Classic Rock Coffee. More than 20 on-site parking spaces serve the property. Two separate addresses and separately metered utilities provide distinct building configurations, while water is available at the site. The property is zoned INC and is offered with a 63-year operating history for the automotive repair business.
The site is located at 2140 W Sunset Street in Springfield, within the Battlefield Business Center and near Classic Rock Coffee. More than 20 on-site parking spaces serve the property. Two separate addresses and separately metered utilities provide distinct building configurations, while water is available at the site. The property is zoned INC and is offered with a 63-year operating history for the automotive repair business.
Key Highlights
- 6,554 SF building on 1.05 acres with 12 service bays
- 1,086 SF of office and reception space plus 5,468 SF of shop area
- Built in 2000 with furniture and equipment included
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
680
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 Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Automotive facility with separate office and shop areas, furniture, and equipment included.
Where is this auto shop located?
The property is located at 2140 W Sunset Street 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: 6,554 SF building on 1.05 acres with 12 service bays; 1,086 SF of office and reception space plus 5,468 SF of shop area; Built in 2000 with furniture and equipment included
