Two-Story Office with
For Sale
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4039 S Kansas Expy, Springfield, MO 65807
Two-story office building with a basement and 3-lane drive-thru, most recently operated as a bank.
Property Size12,173 SF
Price / SF$205.37
Days on Market170
Property Features for 4039 S Kansas Expy
General Information
Standard status
Active
Size
12,173 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Zone 3
Amenities
break room
conference room
lobby area
drive-thru
Building Details
Stories
2
Listing Agency:
SVN | Rankin Company, LLC
(417) 887-8826
Listed By:
Arch Watson · License #2009010579
(417) 773-9022
Source:
Moodyscre
Added: May 13
Changed: Oct 25
Last Checked: Oct 28 at 12:20PM
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
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Investment Insights
Based on property information with market context.
This two-story office building offers approximately 12,173 square feet plus a basement and a 3-lane drive-thru. The interior includes multiple offices, a break room, a large conference room, and a lobby area, providing a functional layout for professional use.
The property was most recently used as a bank. Please contact the broker for deed restriction information regarding use and occupancy.
The combination of office space and drive-thru infrastructure may support a range of business formats where direct vehicle access is helpful.
The property was most recently used as a bank. Please contact the broker for deed restriction information regarding use and occupancy.
The combination of office space and drive-thru infrastructure may support a range of business formats where direct vehicle access is helpful.
Key Highlights
- 12,173 SF two‑story office building with a basement
- Most recently used as a bank
- Includes a 3‑lane drive‑thru
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,063
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,941,260
$1.9M
Cap Rate 7%
$1,386,614
$1.4M
Cap Rate 9%
$1,078,478
$1.1M
Market Conditions
NOI Build-Up for 12,173 SF
Gross rent
$134.4K $11.04/SF
− Vacancy
−$5.0K −$0.41/SF
EGI
$129.4K $10.63/SF
− OpEx
−$32.4K −$2.66/SF
NOI
$97.1K $7.97/SF
Area
Springfield, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,941,260
Cap Rate 7%
$1,386,614
Cap Rate 9%
$1,078,478
Alternative Uses
Best Use
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $97,063 @ 7.0% cap · market cap 3.88%
Second Best
Retail
$1.29M
$1.13M – $1.51M
NOI $90,592 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,611 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
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Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bank - Two-story office building with a basement and 3-lane drive-thru, most recently operated as a bank.
Where is this bank located?
The property is located at 4039 S Kansas Expy Springfield, MO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 12,173 SF two‑story office building with a basement; Most recently used as a bank; Includes a 3‑lane drive‑thru
