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Automotive Property with Curb Cuts

2356 N Boonville Avenue #2, Springfield, MO 65803

For Sale
Contact for pricing

Two curb cuts and on-site parking provide convenient access for automotive and business service operations.

Property Size714 SF
Price / SF$1.40
Days on Market32

Property Features for 2356 N Boonville Avenue #2

General Information

Standard status Active
Size 714 SF
Total Parking Spaces 15
Property subtype Other
Zoning INC

Site & Location

Neighborhood Woodland Heights
Highway Access Yes
Road Access Yes

Amenities

220 power
restroom
gas heat
high-speed internet availability

Building Details

Year Built 1935
Listing Agency: Real Broker, LLC
Listed By: 417realestate.com · License MO #2014009178
Source: Onefiverealestate
Added: Oct 10 Changed: Nov 9 Last Checked: Nov 9 at 9:53AM

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 Real Broker, LLC

Rey
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Investment Insights

Based on property information with market context.

At 2356 N Boonville Avenue, this 714-square-foot commercial building includes a restroom and gas heat. The property has 220 power, high-speed internet availability, and INC zoning. It was built in 1935.

On-site parking accommodates 11 to 15 vehicles. Two curb cuts provide access, with connections to E Kearney Street and a quick drive to Hwy 65.

Key Highlights

  • 714‑square‑foot building with 220 power
  • 11 to 15 on‑site parking spaces
  • Two curb cuts; access from N Boonville Avenue and E Kearney Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,290
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,800 $45.8K
Cap Rate 7%
$32,714 $32.7K
Cap Rate 9%
$25,444 $25.4K
Market Conditions
NOI Build-Up for 714 SF
Gross rent
$3.3K $4.68/SF
− Vacancy
−$70 −$0.10/SF
EGI
$3.3K $4.58/SF
− OpEx
−$981 −$1.37/SF
NOI
$2.3K $3.21/SF
Area
Springfield, MO
Vacancy
2.10%
Lease Rate
$4.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$45,800
Cap Rate 7%
$32,714
Cap Rate 9%
$25,444

Alternative Uses

Best Use
Retail
$75.9K
$66.4K – $88.6K (±1% cap)
NOI $5,314 @ 7.0% cap
Second Best
Industrial
$32.7K
$28.6K – $38.2K (±1% cap)
NOI $2,290 @ 7.0% cap
Theoretical Best
Office A
$107.8K
$94.3K – $125.7K (±1% cap)
NOI $7,544 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Automotive properties

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Skin Care Clinic

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby
Balanced
Demand for This Use

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

Properties on Market for Automotive properties in Springfield

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • U-Haul Neighborhood Dealer — 1833 N Broadway Ave, Springfield, MO 65803
  • U-Haul Neighborhood Dealer — 827 W Kearney St, Springfield, MO 65803
  • Countrys Rental LLC — 521 W Kearney St, Springfield, MO 65803
  • Enterprise Rent-A-Car — 207 E Kearney St, Springfield, MO 65803
  • U-Haul Neighborhood Dealer — 425 e kearney st, springfield, mo 65803

Frequently Asked Questions

What type of property is this?
Automotive property - Two curb cuts and on-site parking provide convenient access for automotive and business service operations.
Where is this automotive property located?
The property is located at 2356 N Boonville Avenue #2 Springfield, MO.
What are key features of this property?
This property features: 714‑square‑foot building with 220 power; 11 to 15 on‑site parking spaces; Two curb cuts; access from N Boonville Avenue and E Kearney Street
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Includes: Price & PSF · Cap rate · Location · Zoning

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