Mixed-Use Property in Downtown
For Sale
$1,100,000
420 S Campbell Ave, Springfield, MO 65806
Mixed-use property with retail and apartments in Downtown Springfield.
Property Size12,577 SF
Price / SF$87.46
Days on Market319
Property Features for 420 S Campbell Ave
General Information
Standard status
Active
Size
12,577 SF
Property subtype
Retail
Building Details
Building Size
12,577 SF
Year Built
1904
Listed By:
Jeff Childs, SIOR, CCIM
(417) 860-5447
Source:
Svn
Added: Nov 21, 2025
Changed: Sep 13
Last Checked: Oct 5 at 4:17PM
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 Jeff Childs, SIOR, CCIM
Investment Insights
Based on property information with market context.
This mixed-use property is located in Downtown Springfield, Missouri, at the corner of Campbell and Pershing. The property includes two retail spaces, three apartments, and a 2,700 square-foot unfinished basement used for storage. Retail Space 1 is 1,500 square feet, and Retail Space 2 is 4,200 square feet. Apartment A and Apartment B are each 1,500 square feet, while Apartment C is 500 square feet. The total property size is 12,577 square feet. One of the retail spaces was formerly used as a bar.
Key Highlights
- Mixed‑use property with retail and residential income potential.
- Prime Downtown Springfield location at the corner of Campbell and Pershing.
- Two retail spaces: 1,500 SF and 4,200 SF. One retail space formerly used as a bar.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,092
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,881,840
$1.9M
Cap Rate 7%
$1,344,171
$1.3M
Cap Rate 9%
$1,045,467
$1.0M
Market Conditions
NOI Build-Up for 12,577 SF
Gross rent
$158.5K $12.60/SF
− Vacancy
−$7.9K −$0.63/SF
EGI
$150.5K $11.97/SF
− OpEx
−$56.5K −$4.49/SF
NOI
$94.1K $7.48/SF
Area
Springfield, MO
Vacancy
5.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,881,840
Cap Rate 7%
$1,344,171
Cap Rate 9%
$1,045,467
Alternative Uses
Best Use
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,673 @ 7.0% cap · market cap 9.24%
Second Best
Mixed Use
$1.34M
$1.18M – $1.57M
NOI $94,092 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,880 @ 7.0% cap · market cap 12.08%
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
2,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 65806, MO
12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and apartments in Downtown Springfield.
Where is this mixed-use property located?
The property is located at 420 S Campbell Ave Springfield, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use property with retail and residential income potential.; Prime Downtown Springfield location at the corner of Campbell and Pershing.; Two retail spaces: 1,500 SF and 4,200 SF. One retail space formerly used as a bar.
