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Warehouse Manufacturing Facility with Office

2146 E Pythian Springfield, MO 65802

2146 E Pythian, Springfield, MO, 65802
$3,000,000
For Sale
$3,000,000

Conditioned, sprinklered warehouse space supports manufacturing or distribution with both grade-level and dock-high doors.

Property Size26,300 SF
Price / SF$114.07
Days on Market114

Property Features for 2146 E Pythian

General Information

Standard status
Active
Size
26,300 SF
Property subtype
Industrial

Building Details

Year Built
1989
Listing agency SVN | Rankin Company, LLC
Listed by Jeff Childs, SIOR, CCIM · License #1999029641
Source Svn
Added: Apr 1 Updated: Jul 22 at 3:45AM Checked: Jul 23 at 4:45AM

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


Investment Insights

Based on property information with market context.

This warehouse/manufacturing facility combines approximately 6,300 SF of finished office space with a conditioned and sprinklered warehouse area. The office component includes a ground-level layout with private offices, a meeting room, break area, and restrooms, plus a second-floor office with a full kitchen and additional restrooms including a tub/shower. The warehouse is equipped with both heat and air and features multiple access points, including two grade-level doors (12’ and 14’) and three dock-high doors. Clear height is supported by an 18’–20’ sidewall, with substantial utility infrastructure and electrical plug drop-downs to support manufacturing operations.

The rear warehouse area is approximately 20,000 SF and is equipped with a sprinkler system. Buyer should verify zoning with the City; the zoning for the City will be updated as of April 7, 2026.

The property is listed for sale in Springfield, MO and may be suitable for an owner-user acquisition or a structured sale-leaseback approach, subject to the terms proposed by the seller and buyer verification of zoning.

Key Highlights

  • 1989‑built warehouse/manufacturing facility with conditioned, sprinklered warehouse space for manufacturing or distribution
  • Approximately 6,300 SF of finished office space: 3,150 SF ground‑level and 3,150 SF second‑floor
  • Ground‑floor office includes private offices, meeting room, break area, and restrooms

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $123.1k $4.68
− Vacancy −$2.6k −$0.10
EGI $120.5k $4.58
− OpEx −$18.1k −$0.69
NOI $102.4k $3.89
26,300 SF · lease $4.68/SF/yr · vacancy 2.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.46M
$1.28M – $1.71M (±1% cap)
NOI $102,424 @ 7.0% cap · market cap 3.41%
Second Best
Industrial
$1.20M
$1.05M – $1.41M (±1% cap)
NOI $84,349 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$3.97M
$3.47M – $4.63M (±1% cap)
NOI $277,867 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Market Street Liquidation ... Corporate Office

Suggested Use

Real Estate Agency Pharmacy Spa & Massage Center Nail Salon Hair Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Bakery Accounting Firm Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Conditioned, sprinklered warehouse space supports manufacturing or distribution with both grade-level and dock-high doors.
Where is this flex space located?
The property is located at 2146 E Pythian Springfield, MO.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 1989‑built warehouse/manufacturing facility with conditioned, sprinklered warehouse space for manufacturing or distribution; Approximately 6,300 SF of finished office space: 3,150 SF ground‑level and 3,150 SF second‑floor; Ground‑floor office includes private offices, meeting room, break area, and restrooms
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