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Freestanding Office Building
For Sale
$950,000

2212 W Kearney Street, Springfield, MO 65803

Commercial Sale, Springfield, MO

Property Size7,007 SF
Lot Size1.44 Acres
Price / SF$135.58
Days on Market310

Property Features for 2212 W Kearney Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning HC-Hwy Com
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Directions From Kansas Expressway and Kearney go West on Kearney to Property on the left or south side of the street.
Standard status Active
APN 881310201001
Lot size 1.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1.4362A M/L BEG INTXN KEARNEY & E LN NE 1/4 NW 1/4 S 2550 FTW TO E LN ROOSEVELT ST N 250 FT E TO BEG (EX NEW R/W)10/29/22
Tax Annual Amount 16981
Legal Description 1.4362A M/L BEG INTXN KEARNEY & E LN NE 1/4 NW 1/4 S 2550 FTW TO E LN ROOSEVELT ST N 250 FT E TO BEG (EX NEW R/W)10/29/22

Utilities

Utilities Water Available
Heating system Natural Gas, Forced Air
Cooling system Electric, Central Air

Amenities

covered front canopy drop-off/pickup area
monument signage

Building Details

Year built 1997
Roof type Asphalt, Composition
Listing Agency: Murney Associates - Primrose
Listed By: Mark Kerivan · License #1999065513
Added: Dec 1, 2025 Changed: Sep 13 Last Checked: Oct 7 at 7:06AM
MLS# 60310904

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.

This freestanding, single-story office property is constructed with all-brick and masonry-block exterior walls and offers a broad multi-room configuration. The interior includes waiting and reception areas, a clerical counter, workspace, administrative offices, larger rooms, storage, a lounge, and five restrooms. Plumbing fixtures and sinks are incorporated within 12 office or room areas. A covered front canopy serves drop-off and pickup activity, while the paved parking lot accommodates approximately 50 vehicles. Monument signage is installed on the site.

The property fronts Kearney Street and can also be reached from the Park Street entrance. It occupies 1.44 acres m/l and carries HC-Hwy Com zoning. MODOT reports Average Auto Weekday Trips of 17,385 VPD. Building systems include natural gas and forced-air heating with electric central air conditioning. The property is offered as-is, with a right to inspection.

Key Highlights

  • 7,007sf all‑brick and masonry‑block office building
  • Single‑story freestanding configuration with 12 office/room areas
  • Paved parking lot for 50 +- vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,523
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,460 $1.1M
Cap Rate 7%
$793,186 $793.2K
Cap Rate 9%
$616,922 $616.9K
Market Conditions
NOI Build-Up for 7,007 SF
Gross rent
$77.4K $11.04/SF
− Vacancy
−$3.3K −$0.47/SF
EGI
$74.0K $10.57/SF
− OpEx
−$18.5K −$2.64/SF
NOI
$55.5K $7.92/SF
Area
Springfield, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,460
Cap Rate 7%
$793,186
Cap Rate 9%
$616,922

Alternative Uses

Best Use
Office B
$793.2K
$694.0K – $925.4K (±1% cap)
NOI $55,523 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$925.4K – $1.23M (±1% cap)
NOI $74,031 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sara Breann McCalley, ... Pediatrician Joanna Kluch, MD Pediatrician Mercy Clinic Family ... Medical Clinic Chelsea Diane Roy, ... Pediatrician Laura Elizabeth Kresta, ... Geriatric Care Provider

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Gym & Fitness Center Parking Lot & Garage Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

Demographics for 65803, MO

42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Single-story layout includes multiple offices, restrooms, and dedicated waiting and reception areas.
Where is this office building located?
The property is located at 2212 W Kearney Street Springfield, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,007sf all‑brick and masonry‑block office building; Single‑story freestanding configuration with 12 office/room areas; Paved parking lot for 50 +- vehicles
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