Office Building with Executive
For Sale
Contact for pricing
3003 E Chestnut Expy, Springfield, MO
Office property featuring executive offices, conference room, and server room.
Property Size5,456 SF
Lot Size1.81 Acres
Price / SF$134.71
Days on Market327
Property Features for 3003 E Chestnut Expy
General Information
Standard status
Active
Size
5,456 SF
Lot size
1.81 Acres
Property subtype
OFFICE
Listing Agency:
SVN | Rankin Company, LLC
(417) 887-8826
Listed By:
Arch Watson · License #2009010579
(417) 773-9022
Source:
Moodyscre
Added: Nov 14, 2025
Changed: Oct 7
Last Checked: Oct 5 at 4:20PM
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 SVN | Rankin Company, LLC
Investment Insights
Based on property information with market context.
This office property includes a reception area with a built-in desk, five large executive offices, and twelve additional offices of varying sizes. It also features a large conference room, a coffee bar, and a conditioned server room. There are two restrooms, each equipped with two stalls. The building is situated on a 0.53-acre lot and includes a monument sign at a signalized intersection. The property is located at 3003 E Chestnut Expy, Springfield, MO and the total property size is 5,456 square feet.
Key Highlights
- Prominent location at a signalized intersection with a monument sign.
- Includes 5 large executive offices and 12 additional offices.
- Features a large conference room and coffee bar.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,233
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,660
$864.7K
Cap Rate 7%
$617,614
$617.6K
Cap Rate 9%
$480,367
$480.4K
Market Conditions
NOI Build-Up for 5,456 SF
Gross rent
$60.2K $11.04/SF
− Vacancy
−$2.6K −$0.47/SF
EGI
$57.6K $10.57/SF
− OpEx
−$14.4K −$2.64/SF
NOI
$43.2K $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%
$864,660
Cap Rate 7%
$617,614
Cap Rate 9%
$480,367
Alternative Uses
Best Use
Office B
$617.6K
$540.4K – $720.6K
NOI $43,233 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$823.5K
$720.6K – $960.7K
NOI $57,644 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Office property featuring executive offices, conference room, and server room.
Where is this office building located?
The property is located at 3003 E Chestnut Expy Springfield, MO.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Prominent location at a signalized intersection with a monument sign.; Includes 5 large executive offices and 12 additional offices.; Features a large conference room and coffee bar.
