Search
Historic Office Building

431 W Walnut St, Springfield, MO 65806

For Sale
Contact for pricing

Renovated improvements support office, creative, or loft configurations in a commercial-zoned property.

Property Size21,000 SF
Price / SF$71.43
Days on Market34

Property Features for 431 W Walnut St

General Information

Standard status Active
Size 21,000 SF
Property subtype Office

Site & Location

Neighborhood West Central

Building Details

Year Built 1925
Year Renovated 2008
Buildings 1
Building Size 21,000 SF
Listing Agency: Jared Commercial
Listed By: David Havens · License #MO 2015037234
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 3:38PM

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 Jared Commercial

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 21,000-square-foot office building dates to 1925 and received renovations in 2008. Its commercial zoning supports office, creative, or loft space, with historic character paired with updated amenities.

Located at 431 W Walnut St in Springfield, Missouri, the property is situated in a city setting.

Key Highlights

  • 21,000 SF office building
  • Built in 1925 and renovated in 2008
  • Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Tanning Salon Catering Service

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

2,001
Businesses Nearby

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

Average Price Trend$/SF for Office buildings in Springfield, MO

$148 Jul
$168 Aug
$163 Sep
$129 Oct

Properties on Market for Office buildings in Springfield

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Renovated improvements support office, creative, or loft configurations in a commercial-zoned property.
Where is this office building located?
The property is located at 431 W Walnut St Springfield, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 21,000 SF office building; Built in 1925 and renovated in 2008; Commercial zoning
(417) 350-4771 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved