Freestanding Single-Story Office
2212 W Kearney Street Springfield, MO 65803
2212 W Kearney Street, Springfield, MO, 65803
$950,000
For Sale
$950,000
Single-story freestanding office building with 50+ paved parking spaces and multiple restrooms across 12+ office rooms.
Property Size7,007 SF
Lot Size1.44 Acres
Price / SF$135.58
Days on Market342
Property Features for 2212 W Kearney Street
General Information
- Standard status
- Active
- Size
- 7,007 SF
- Lot size
- 1.44 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1997
Listing agency
Primrose
(417) 823-2300
Listed by
Murney Associates
(417) 823-2300
Source
Xome
Added: Aug 14, 2025 Updated: Jul 20 at 6:50PM Checked: Jul 21 at 3:02AM
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 Primrose
Investment Insights
Based on property information with market context.
A 7,007-square-foot, all-brick and masonry block, single-story freestanding office building is offered for sale. The interior is arranged around a waiting/reception area with ADA restroom, a clerical counter, and additional workspace supported by a multi-room layout. The building includes sink/plumbing fixtures throughout 12 office rooms, multiple larger offices that can function as conference or collaborative spaces, plus storage, a lounge room, and four additional restrooms. A covered front canopy drop-off/pickup area provides covered access at the entrance.
The property has Kearney Street frontage and is accessed conveniently from the Park Street entrance. A paved parking lot offers approximately 50+ vehicle spaces, and monument signage is on site. The site spans 1.44 acres (m/l) and is designated as “HC” Highway Commercial zoning. Average weekday traffic is reported at 17,385 VPD per MODOT for Kearney Street.
The property is being sold “AS IS” with right to inspection.
The property has Kearney Street frontage and is accessed conveniently from the Park Street entrance. A paved parking lot offers approximately 50+ vehicle spaces, and monument signage is on site. The site spans 1.44 acres (m/l) and is designated as “HC” Highway Commercial zoning. Average weekday traffic is reported at 17,385 VPD per MODOT for Kearney Street.
The property is being sold “AS IS” with right to inspection.
Key Highlights
- 7,007 SF single‑story freestanding office building with all brick and masonry block construction
- 12+ office rooms with multiple restrooms, including an ADA restroom
- Paved parking lot with 50+ vehicle spaces and covered front canopy drop‑off/pickup area
Local Financial Insights For Office B
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 | $77.4k | $11.04 |
| − Vacancy | −$3.3k | −$0.47 |
| EGI | $74.0k | $10.57 |
| − OpEx | −$18.5k | −$2.64 |
| NOI | $55.5k | $7.92 |
7,007 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$793.2K
$694.0K – $925.4K
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
NOI $74,031 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sara Breann McCalley, ...
Pediatrician
Joanna Kluch, MD
Pediatrician
Mercy Clinic Family ...
Medical Clinic
Chelsea Diane Roy, ...
Pediatrician
Laura Elizabeth Kresta, ...
Geriatric Care Provider
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FAQs
What type of property is this?
Office building - Single-story freestanding office building with 50+ paved parking spaces and multiple restrooms across 12+ office rooms.
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: 7,007 SF single‑story freestanding office building with all brick and masonry block construction; 12+ office rooms with multiple restrooms, including an ADA restroom; Paved parking lot with 50+ vehicle spaces and covered front canopy drop‑off/pickup area
