Storefront with Circular
2500 N Grant Avenue, Springfield, MO 65803
For Sale
$85,000
Office space, a waiting area, and kitchenette are paired with on-lot parking for vehicles and trailers.
Property Size931 SF
Price / SF$91.30
Days on Market224
Property Features for 2500 N Grant Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
office space
waiting area
kitchenette
circle driveway
Building Details
Building Size
Year Built
Listing Agency:
Murney Associates - Primrose
(417) 823-2300
Listed By:
The Martino Group · License #2020011047
(417) 840-9050
Source:
Cappyharrisrealtors
Added: Mar 31
Changed: Nov 6
Last Checked: Nov 8 at 2:20AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 931-square-foot storefront, built in 1913, includes office space, a waiting area, and a kitchenette. The interior configuration supports a range of small-business operations, while the open parking area accommodates vehicles and trailers.
A circular driveway provides on-site circulation at 2500 N Grant Avenue in Springfield, Missouri. The property has a history of use as a dog grooming business.
A circular driveway provides on-site circulation at 2500 N Grant Avenue in Springfield, Missouri. The property has a history of use as a dog grooming business.
Key Highlights
- 931‑square‑foot storefront built in 1913
- Office, waiting area, and kitchenette
- Circular driveway and open lot parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,929
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,580
$138.6K
Cap Rate 7%
$98,986
$99.0K
Cap Rate 9%
$76,989
$77.0K
Market Conditions
NOI Build-Up for 931 SF
Gross rent
$10.3K $11.04/SF
− Vacancy
−$380 −$0.41/SF
EGI
$9.9K $10.63/SF
− OpEx
−$3.0K −$3.19/SF
NOI
$6.9K $7.44/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,580
Cap Rate 7%
$98,986
Cap Rate 9%
$76,989
Alternative Uses
Best Use
Retail
$99.0K
$86.6K – $115.5K
NOI $6,929 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$140.5K
$123.0K – $163.9K
NOI $9,836 @ 7.0% cap · market cap 11.57%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Storefront properties in Springfield
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Office space, a waiting area, and kitchenette are paired with on-lot parking for vehicles and trailers.
Where is this storefront property located?
The property is located at 2500 N Grant Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 931‑square‑foot storefront built in 1913; Office, waiting area, and kitchenette; Circular driveway and open lot parking
