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    Two-Story Office Building with Elevator Title is generated by Realmo AI

    425 East Trafficway Street, Springfield, MO 65806

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    Well-maintained two-story office property with an on-site elevator and Center City zoning for flexible commercial use.

    Type:Office
    Property size:
    9,650 SF
    Price / SF:
    $158/SF
    Added:
    Jun 8, 2026
    Days on Market:
    30
    Last Refresh:
    Jun 20 at 4:34 am

    Property Features for 425 East Trafficway Street

    General Information

    Standard status
    Active
    Size
    9,650 SF
    Property subtype
    Office

    Building Details

    Year Built
    2000

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    Ryan Murray, SIOR, CCIM, LEED AP, CPM
    Ryan Murray, SIOR, CCIM, LEED AP, CPM

    Listing office R.B. Murray Company

    Listing date Jun 8, 2026

    Source Crexi

    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 R.B. Murray Company

    HighLights

    • Year built 2000 well‑maintained two‑story office building
    • On‑site elevator provides accessibility between floors
    • Center City zoning allows a wide range of commercial, office, and mixed‑use applications
    • Immediate access to Trafficway Street for connectivity throughout Springfield
    • Proximity to East Walnut Street and the central business district

    Overview

    This well-maintained two-story office building is designed to support efficient day-to-day operations. An on-site elevator provides accessibility between floors, supporting convenient movement for employees, clients, and visitors, and making the layout suitable for a variety of professional and administrative uses. The building’s configuration supports an owner-user or tenant seeking a functional, multi-level office environment.

    Located in Springfield’s urban core and described as steps from downtown, the property is positioned for convenient access to the central business district. It offers immediate access to Trafficway Street and is noted to be within minutes of dining, retail, financial services, and government offices. The property’s proximity to East Walnut Street further supports connectivity within the surrounding commercial area.

    Zoned Center City, the site allows for a wide range of commercial, office, and mixed-use applications, providing flexibility for qualified buyers or operators. Whether you plan to occupy the space or acquire the building for future use, the combination of elevator accessibility, maintained condition, and Center City zoning supports a practical, centrally located office option in an active district. Contact the listing agent for more information or to schedule a tour.

    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 $106.5k $11.04
    − Vacancy −$4.6k −$0.47
    EGI $102.0k $10.57
    − OpEx −$25.5k −$2.64
    NOI $76.5k $7.92
    9,650 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.09M
    $955.8K – $1.27M (±1% cap)
    NOI $76,466 @ 7.0% cap · market cap 5.01%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.46M
    $1.27M – $1.70M (±1% cap)
    NOI $101,955 @ 7.0% cap · market cap 6.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Community Foundation of the Ozarks Charitable Organization

    Suggested Use

    Auto Parts Store Grocery & Convenience Store Locksmith Wine and Liquor Store (Bike/Boat/Book/etc) Store Nail Salon Pet Store & Service Garden Center (Bike/Boat/Book/etc) Store Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.289032
    Latitude
    37.210591

    FAQs

    What type of property is this?
    Office building - Well-maintained two-story office property with an on-site elevator and Center City zoning for flexible commercial use.
    Where is this office building located?
    The property is located at 425 East Trafficway Street Springfield, MO.
    What is the asking price?
    The asking price for this property is $1,525,000.
    What are key features of this property?
    This property features: Year built 2000 well‑maintained two‑story office building; On‑site elevator provides accessibility between floors; Center City zoning allows a wide range of commercial, office, and mixed‑use applications
    More about this property
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