Office Building South of
4350 S National Ave Springfield, MO
4350 S National Ave, Springfield, MO, 00000
Contact for pricing
For Sale
Contact for pricing
Office building with high visibility and excellent exposure for sale.
Property Size11,661 SF
Lot Size0.21 Acres
Price / SF$180.09
Days on Market245
Property Features for 4350 S National Ave
General Information
- Standard status
- Active
- Size
- 11,661 SF
- Lot size
- 0.21 Acres
- Property subtype
- OFFICE
Listing agency
R.B. Murray Company
(417) 881-0600
Listed by
Ross Murray
(417) 881-0600
Source
Moodyscre
Added: Nov 18, 2025 Updated: Jul 10 at 11:57AM Checked: Jul 21 at 5:14AM
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
Investment Insights
Based on property information with market context.
This office building offers an entry area of approximately 960 square feet on the first floor, with an additional 10,701 square feet on the upper level, totaling 11,661 square feet. It features four restrooms, including an executive bathroom, and a private elevator. The property benefits from high visibility and excellent exposure in an irreplaceable location south of Cox Hospital. The area has a population of 165,530 within a 5-mile radius, with an average household median income of $74,534. Traffic counts are approximately 34,543 vehicles per day. Condo expenses are estimated at $1,399 per month, covering trash service, lawn care, snow removal, parking lot lighting, and detention pond maintenance. The building showcases institutional quality construction and design.
Key Highlights
- Irreplaceable location south of Cox Hospital, the city's largest employer
- Priced significantly below replacement costs
- High visibility & excellent exposure with 34,543± VPD
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 | $128.7k | $11.04 |
| − Vacancy | −$5.5k | −$0.47 |
| EGI | $123.2k | $10.57 |
| − OpEx | −$30.8k | −$2.64 |
| NOI | $92.4k | $7.92 |
11,661 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,401 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,202 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flat Branch Home ...
Loan Service
Headache Management of Springfield
Medical Clinic
Dr. Tom Collins ...
Dental Office
Neuropsychological Associates of Southwest ...
Physician
Shelby Lynn Icenhower
Physician
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FAQs
What type of property is this?
Office building - Office building with high visibility and excellent exposure for sale.
Where is this office building located?
The property is located at 4350 S National Ave Springfield, MO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Irreplaceable location south of Cox Hospital, the city's largest employer; Priced significantly below replacement costs; High visibility & excellent exposure with 34,543± VPD
