Freestanding Office
For Sale
$950,000
2212 W Kearney Street, Springfield, MO 65803
A 12-room layout includes administrative offices, shared work areas, storage, a lounge, and multiple restrooms.
Property Size7,007 SF
Lot Size1.44 Acres
Price / SF$135.58
Days on Market337
Property Features for 2212 W Kearney Street
General Information
Standard status
Active
Size
7,007 SF
Total Parking Spaces
50
Lot size
1.44 Acres
Property subtype
Office
Zoning
HC
Site & Location
Neighborhood
Tom Watkins
Road Access
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$16,980
Amenities
covered front canopy drop-off/pickup area
monument signage
Building Details
Building Size
7,007 SF
Year Built
1997
Buildings
1
Stories
1
Construction
brick and masonry block
Listing Agency:
Murney Associates - Primrose
Listed By:
Mark Kerivan · License #1999065513
(417) 823-2300
Source:
Tolbertrealtors
Added: Dec 1, 2025
Changed: Nov 1
Last Checked: Nov 1 at 3:19PM
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 Murney Associates - Primrose
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Investment Insights
Based on property information with market context.
This freestanding, single-story office building contains 7,007 square feet and dates to 1997. Its interior includes a reception and waiting area, a clerical counter and workspace, two administrative offices, and 12 rooms with sinks and plumbing fixtures. Larger rooms can serve as offices or meeting areas; additional space includes storage and a lounge. The building also has an ADA restroom and four other restrooms.
Set on 1.44 acres, the property has frontage on Kearney Street and access from Park Street. A covered entrance canopy accommodates drop-off and pickup, while the paved parking area has approximately 50 spaces. On-site monument signage and HC Highway Commercial zoning are also in place. The property is offered in as-is condition, subject to inspection.
Set on 1.44 acres, the property has frontage on Kearney Street and access from Park Street. A covered entrance canopy accommodates drop-off and pickup, while the paved parking area has approximately 50 spaces. On-site monument signage and HC Highway Commercial zoning are also in place. The property is offered in as-is condition, subject to inspection.
Key Highlights
- 7,007‑square‑foot, single‑story office building built in 1997
- 12 rooms with sinks and plumbing fixtures
- Two administrative offices, reception area, clerical workspace, storage, lounge, and five restrooms
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
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 authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A 12-room layout includes administrative offices, shared work areas, storage, a lounge, and multiple restrooms.
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‑square‑foot, single‑story office building built in 1997; 12 rooms with sinks and plumbing fixtures; Two administrative offices, reception area, clerical workspace, storage, lounge, and five restrooms
