Office Building with Executive
3003 E Chestnut Expy Springfield, MO
3003 E Chestnut Expy, Springfield, MO, 00000
Contact for pricing
For Sale
Contact for pricing
Office property featuring executive offices, conference room, and server room.
Property Size5,456 SF
Lot Size1.81 Acres
Price / SF$134.71
Days on Market249
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) 773-9022
Listed by
Arch Watson · License #2009010579
(417) 773-9022
Source
Moodyscre
Added: Nov 14, 2025 Updated: Jul 6 at 10:41AM Checked: Jul 21 at 6:07AM
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.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.2k | $11.04 |
| − Vacancy | −$2.6k | −$0.47 |
| EGI | $57.6k | $10.57 |
| − OpEx | −$14.4k | −$2.64 |
| NOI | $43.2k | $7.92 |
5,456 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Joan E. Bender, ...
Physician
Physical Therapy Care
Medical Clinic
HealthMarkets Insurance Agency
Insurance Agency
HealthMarkets Insurance - Jeff ...
Insurance Agency
Healthmarkets Insurance-Barry Williams ...
Insurance Agency
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FAQs
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.
