Flex Facility with Production
For Sale
Contact for pricing
2453 E ELM ST, Springfield, MO 65806
Purpose-built commercial property combines sound-controlled rooms, offices, training space, and substantial electrical service.
Property Size10,500 SF
Lot Size4.60 Acres
Price / SF$261.90
Days on Market55
Property Features for 2453 E ELM ST
General Information
Standard status
Active
Size
10,500 SF
Total Parking Spaces
60
Lot size
4.60 Acres
Property subtype
Industrial, Special Purpose, Office
Zoning
LIC
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Amenities
Training room
Generator
Building Details
Year Built
2013
Units
1
Construction
precast concrete
Listing Agency:
Chambers Real Estate Services, LLC
Listed By:
Todd Chambers · License #MO
(417) 889-4444
Source:
Crexi
Added: Aug 24
Changed: Oct 2
Last Checked: Oct 16 at 7:55AM
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 Chambers Real Estate Services, LLC
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Investment Insights
Based on property information with market context.
Built in 2013, this 10,500-square-foot flex facility features precast concrete construction and four soundproof production rooms plus a separate podcast room. Perimeter offices connect with adjacent workstations, while a training room supports additional operational needs. The building is sprinklered and includes a generator and significant electrical service.
The property occupies 4.6 acres at 2453 E Elm St in Springfield, Missouri, with 60 parking spaces and access to Hwy. 65 and I-44. Zoning is LIC. The site is described as quiet and includes a tower and adjacent shed that may or may not be part of a sale.
The property occupies 4.6 acres at 2453 E Elm St in Springfield, Missouri, with 60 parking spaces and access to Hwy. 65 and I-44. Zoning is LIC. The site is described as quiet and includes a tower and adjacent shed that may or may not be part of a sale.
Key Highlights
- 10,500‑square‑foot flex facility completed in 2013
- Four soundproof production rooms plus 1 podcast room
- Perimeter offices with adjacent workstations and a training room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,202
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,040
$1.7M
Cap Rate 7%
$1,188,600
$1.2M
Cap Rate 9%
$924,467
$924.5K
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$115.9K $11.04/SF
− Vacancy
−$5.0K −$0.47/SF
EGI
$110.9K $10.57/SF
− OpEx
−$27.7K −$2.64/SF
NOI
$83.2K $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%
$1,664,040
Cap Rate 7%
$1,188,600
Cap Rate 9%
$924,467
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,202 @ 7.0% cap · market cap 3.03%
Second Best
Industrial
$481.1K
$421.0K – $561.3K
NOI $33,676 @ 7.0% cap · market cap 1.22%
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,935 @ 7.0% cap · market cap 4.03%
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
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 65806, MO
12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Purpose-built commercial property combines sound-controlled rooms, offices, training space, and substantial electrical service.
Where is this flex space located?
The property is located at 2453 E ELM ST Springfield, MO.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 10,500‑square‑foot flex facility completed in 2013; Four soundproof production rooms plus 1 podcast room; Perimeter offices with adjacent workstations and a training room
