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Automotive Property with Showroom
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3111 S Springfield Ave, Bolivar, MO 65613

Automotive facility combining customer-facing showroom space with office, service, washing, and parts functions.

Property Size10,020 SF
Price / SF$189.62
Days on Market228

Property Features for 3111 S Springfield Ave

General Information

Standard status Active
Size 10,020 SF
Total Parking Spaces 20
Property subtype Retail

Building Details

Year Built 1991
Listing Agency: Jones-Lassley Realty
Listed By: Shane Nelson · License #4318
Source: Crexi
Added: Feb 28 Changed: Oct 3 Last Checked: Oct 12 at 7:38PM

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 Jones-Lassley Realty

Investment Insights

Based on property information with market context.

This automotive property includes a 10,020-square-foot building on 2.32 acres of paved lot area. The facility is configured with a showroom, offices, wash bay, parts area, and multiple service bays, supporting both customer-facing and shop operations. Built in 1991, the property offers an established dealership-oriented layout.

Located at 3111 S Springfield Ave in Bolivar, Missouri, the site is outside Bolivar city limits and positioned in a high-traffic area. The paved acreage and combination of showroom, administrative, parts, washing, and service components create a consolidated automotive operating environment.

Key Highlights

  • 10,020‑square‑foot automotive building
  • 2.32 acres of paved lot area
  • Showroom, offices, wash bay, and parts area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,569
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,491,380 $1.5M
Cap Rate 7%
$1,065,271 $1.1M
Cap Rate 9%
$828,544 $828.5K
Market Conditions
NOI Build-Up for 10,020 SF
Gross rent
$110.6K $11.04/SF
− Vacancy
−$4.1K −$0.41/SF
EGI
$106.5K $10.63/SF
− OpEx
−$32.0K −$3.19/SF
NOI
$74.6K $7.44/SF
Area
Polk County, 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%
$1,491,380
Cap Rate 7%
$1,065,271
Cap Rate 9%
$828,544

Alternative Uses

Best Use
Retail
$1.07M
$932.1K – $1.24M (±1% cap)
NOI $74,569 @ 7.0% cap · market cap 3.92%
Second Best
Industrial
$459.1K
$401.7K – $535.6K (±1% cap)
NOI $32,136 @ 7.0% cap · market cap 1.69%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,864 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Jim Rush Auto ... Car Dealership

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Locksmith Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
234k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 31% Superstores 30% Shops & Services 20% Groceries 8%
Walmart Superstores
70,581 visits/mo 0.1 miles
Kum & Go Shops & Services
20,206 visits/mo 0.1 miles
Wendy's Dining
19,374 visits/mo 0.0 miles
Aldi Groceries
18,572 visits/mo 0.3 miles
Taco Bell Dining
17,423 visits/mo 0.4 miles

Demographics for 65613, MO

17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • A & J Towing & Auto Repair — 965 E Mt Gilead Rd, Bolivar, MO 65613
  • U-Haul Neighborhood Dealer — 965 E Mt Gilead Rd, Bolivar, MO 65613

Frequently Asked Questions

What type of property is this?
Automotive property - Automotive facility combining customer-facing showroom space with office, service, washing, and parts functions.
Where is this automotive property located?
The property is located at 3111 S Springfield Ave Bolivar, MO.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 10,020‑square‑foot automotive building; 2.32 acres of paved lot area; Showroom, offices, wash bay, and parts area
(417) 581-6213 Call to check price and availability
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