Industrial Warehouse and Office
For Sale
Contact for pricing
2750 N Barnes Ave, Springfield, MO 65803
Industrial warehouse, office, and fuel storage building on 6.09 acres with truck wash and 12 to 26 clear heights.
Property Size77,608 SF
Price / SF$117.26
Days on Market105
Property Features for 2750 N Barnes Ave
General Information
Standard status
Active
Size
77,608 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
26 ft
Warehouse Space
40,344 SF
Office Build-Out
24,064 SF
Additional Details
Highway Access
Yes
Amenities
Truck wash
Listing Agency:
R.B. Murray Company
Listed By:
Ryan Murray
(417) 881-0600
Source:
Moodyscre
Added: Jun 3
Changed: Sep 3
Last Checked: Sep 15 at 9:34AM
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 R.B. Murray Company
Investment Insights
Based on property information with market context.
This industrial and office facility combines a warehouse area of approximately 40,344± SF with an office area of about 24,064± SF. The property also includes a basement area of approximately 13,200± SF and a fuel storage building of about 3,200± SF. Clear heights range from 12' to 26', and the facility includes a truck wash.
The site offers excellent visibility from I-44 and provides easy access to Highway 65 and I-44, supporting practical distribution and logistics needs. Surplus land totals approximately 6.09 acres, providing additional space for on-site operations.
Overall, the property is configured to support mixed warehouse and office use within a single industrial campus layout, complemented by fuel storage and truck wash amenities.
The site offers excellent visibility from I-44 and provides easy access to Highway 65 and I-44, supporting practical distribution and logistics needs. Surplus land totals approximately 6.09 acres, providing additional space for on-site operations.
Overall, the property is configured to support mixed warehouse and office use within a single industrial campus layout, complemented by fuel storage and truck wash amenities.
Key Highlights
- Excellent visibility from I‑44 with easy access to Highway 65 and I‑44
- Industrial building includes 24,064± SF office area and 40,344± SF warehouse area
- Clear height range of 12' to 26'
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$614,963
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$12,299,260
$12.3M
Cap Rate 7%
$8,785,186
$8.8M
Cap Rate 9%
$6,832,922
$6.8M
Market Conditions
NOI Build-Up for 77,608 SF
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.
Gross rent
$856.8K $11.04/SF
− Vacancy
−$36.8K −$0.47/SF
EGI
$820.0K $10.57/SF
− OpEx
−$205.0K −$2.64/SF
NOI
$615.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$12,299,260
Cap Rate 7%
$8,785,186
Cap Rate 9%
$6,832,922
Alternative Uses
Best Use
Office B
$8.79M
$7.69M – $10.25M
NOI $614,963 @ 7.0% cap · market cap 6.76%
Second Best
Warehouse
$4.32M
$3.78M – $5.04M
NOI $302,241 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$11.71M
$10.25M – $13.67M
NOI $819,950 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
26 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Well-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
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Moore's Packing and Moving — 2215 N Burton Ave, Springfield, MO 65803
- Atlas Van Lines Agent — 2215 N Burton Ave, Springfield, MO 65803
- Keystone Storage — 2503 N Barnes Ave, Springfield, MO 65803
- Glenstone & 44 Self Storage — 1640 E Evergreen St, Springfield, MO 65803
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse, office, and fuel storage building on 6.09 acres with truck wash and 12 to 26 clear heights.
Where is this warehouse located?
The property is located at 2750 N Barnes Ave Springfield, MO.
What is the asking price?
The asking price for this property is $9,100,000.
What are key features of this property?
This property features: Excellent visibility from I‑44 with easy access to Highway 65 and I‑44; Industrial building includes 24,064± SF office area and 40,344± SF warehouse area; Clear height range of 12' to 26'
